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Posted by John H. Fisher on March 7, 2008, 2:10 pm
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CCH TAX NEWS for March 7, 2008
FEDERAL NEWS
Regulations Modify Diversification Requirements for Variable Insurance
and Annuity Contracts (T.D. 9385)http://tax.cchgroup.com/news/
headlines/2008/nws3708.htm#1
Final Regulations Issued on Domestic Production Deduction (T.D.
9384)http://tax.cchgroup.com/news/headlines/2008/nws3708.htm#2
IRS Issues Temporary and Proposed Consolidated Return Regulation
Excluding Gain from Certain Dispositions of Member Stock (T.D. 9383;
NPRM REG-137573-07)http://tax.cchgroup.com/news/headlines/2008/
nws3708.htm#3
IRS Releases Fact Sheet on Like-Kind Exchanges (FS-2008-18)http://
tax.cchgroup.com/news/headlines/2008/nws3708.htm#4
STATE NEWS
California --Personal Income Tax: FTB Follows IRS Extension for
Farmers and Fishermen
http://tax.cchgroup.com/news/headlines/2008/nws3708.htm#5
Indiana --Sales and Use Tax: Streamlined Sales Tax Conformity Changes
Enacted
http://tax.cchgroup.com/news/headlines/2008/nws3708.htm#6
Virginia --Corporate, Personal Income Taxes: New Subtractions
Pertaining to Launch Services, Payload Delivery Created
http://tax.cchgroup.com/news/headlines/2008/nws3708.htm#7
Missed a headline? Click here to review last week's tax news
http://tax.cchgroup.com/news/default.asp?PageID=4
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