CCH TAX NEWS for August 24, 2007
FEDERAL NEWS
IRS Reminds Mid-Sized Corporations of E-File Obligation (IR-2007-146)
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Final Regulations Ease Reporting Requirements for RICs Electing to Pass Through Foreign Tax Credits to Shareholders (T.D. 9357)
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CBO Says Budget Deficit Drops, But Predicts Health Care Spending Will Rise
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STATE NEWS
New Jersey --Corporate Income Tax: Deemed Sale of Assets Was Nonoperational Income
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North Carolina --Multiple Taxes: Renewable Energy Property Donation Credit Enacted; Utility Regulatory Fees Set
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