Finance and Forex Trading Forum

John H. Fisher · Guest

CCH TAX NEWS for May 20, 2008

FEDERAL NEWS

Applicable Federal Rates for June 2008 Released (Rev. Rul.
2008-28)http://tax.cchgroup.com/news/headlines/2008/nws52008.htm#1

Final Regulations Adopted for Determining Expanded Affiliated Group
Ownership Percentages (T.D. 9399)http://tax.cchgroup.com/news/
headlines/2008/nws52008.htm#2

Remanufacturer of Car Alternators and Generators Must Include
Refundable Charges for Cores in Income, Substantial Understatement
Penalty Not Imposed (Bigler, TCM)http://tax.cchgroup.com/news/
headlines/2008/nws52008.htm#3

STATE NEWS

Kentucky --Corporate, Personal Income Taxes: U.S. Supreme Court
Upholds Exemption for In-State Municipal Bonds
http://tax.cchgroup.com/news/headlines/2008/nws52008.htm#4

Texas --Insurance Tax: Calculation of Retaliatory Tax Upheld
http://tax.cchgroup.com/news/headlines/2008/nws52008.htm#5

Missed a headline? Click here to review last week's tax news
http://tax.cchgroup.com/news/default.asp?PageID=4

--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2007) - All rights reserved. >>
<< ------------------------------------------------------- >>