CCH TAX NEWS for April 30, 2007

CCH TAX NEWS for April 30, 2007

FEDERAL NEWS

Extraction and Processing of Minerals Designated as Code Sec. 199 Activity (Rev. Rul. 2007-30)

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Telecommunications Universal Service Support Not Nonshareholder Contribution to Capital (Rev. Rul. 2007-31)
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STATE NEWS

New York City --Multiple Taxes: NYC Tax Relief Proposed in Mayor's Budget

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Washington --Business and Occupation Tax: Auto Dealer's Collection of Tax From Customers Impermissible
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John H. Fisher
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