Triple

Given a phrase, classify it is english named entity (e.g., persons, organizations, works of art) in Latin script, or not (e.g., literals, dates, URLs, verbose phrases). For disambiguation, the statement where the phrase occurs as object is also given. Please return a JSON object with `phrase` (string, the phrase being analyzed) and `is_ne` (boolean, indicating whether the phrase is a Named Entity).

Phrase: Section 42 of the Internal Revenue Code | Statement: [Low-Income Housing Tax Credit, legalBasis, Section 42 of the Internal Revenue Code]

Target entity: Section 42 of the Internal Revenue Code
Context triple: [Low-Income Housing Tax Credit, legalBasis, Section 42 of the Internal Revenue Code]

• A. Internal Revenue Code chosen
  The Internal Revenue Code is the comprehensive body of federal tax law in the United States that governs the assessment and collection of most national taxes.
• B. 26 U.S.C. § 6672
  26 U.S.C. § 6672 is a federal tax law provision that imposes personal liability and penalties on individuals responsible for willfully failing to collect, account for, or pay over certain employment and other trust fund taxes.
• C. Revenue Act of 1934
  The Revenue Act of 1934 was a New Deal-era U.S. federal tax law that increased income and corporate taxes to raise government revenue during the Great Depression.
• D. Section of Taxation
  The Section of Taxation is the American Bar Association’s primary professional group for lawyers and other practitioners specializing in federal, state, and local tax law.
• E. Revenue Act of 1935
  The Revenue Act of 1935 was a New Deal-era U.S. federal law that significantly increased taxes on high incomes, large inheritances, and corporate profits in an effort to redistribute wealth during the Great Depression.
• F. None of above.
• G. Unsure - the case is ambiguous/there is not enough information to decide.