CCH Tax Headline News - October 20, 2008

CCH Tax Headline News - October 20, 2008

FEDERAL NEWS -

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Regulations Address Treatment of Open Account Debt Between SCorporations and Their Shareholders (T.D. 9428) Applicable Federal Rates for November 2008 Released (Rev. Rul.

2008-50)

STATE NEWS New Jersey --Multiple Taxes: Governor Proposes Economic Stimulus Package

Washington --Miscellaneous Tax: Seattle Tax for Fire Hydrant Costs Upheld

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John H. Fisher
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