An official interpretation by the IRS of the internal revenue laws, related statutes, tax treaties, and regulations, published in the Cumulative Bulletin. Revenue rulings are issued only by the National Office of the IRS and are published for the information and guidance of taxpayers, IRS officials, and others concerned.
A Revenue Ruling (REV. RUL.) is an official interpretation by the Internal Revenue Service (IRS) that provides guidance for taxpayers on how the IRS applies the law to specific factual situations. These rulings are intended to promote understanding and compliance with tax laws.
