CCH TAX NEWS for April 12, 2008

CCH TAX NEWS for April 12, 2008

FEDERAL NEWS

Medicaid Rebates Paid by Drug Manufacturer Should Be Subtracted from Gross Receipts (Rev. Rul. 2008-26)

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ABA May Meeting: IRS Pursuing Tax Shelter Hold-Outs, Commissioner Warns
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STATE NEWS

California --Corporate, Personal Income Taxes: Proposed Legislation Would Conform to ESA Provisions

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New York --Sales and Use Tax: Presumption Applicable to Definition of Sales Tax Vendor Discussed
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John H. Fisher
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