3.(T/F) When a petition is filed with the Tax Court, the taxpayer is required to pay the deficiency only if he loses, not before.

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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3.(T/F) When a petition is filed with the Tax Court, the taxpayer is required to pay the deficiency only if he loses, not before.

5. (T/F) Once the Supreme Court makes a decision, all circuit courts are required to follow this precedent, as long as the statute is current.

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