CCH TAX NEWS for August 31, 2007
FEDERAL NEWS
Domestic Asset/Liability Percentages and Domestic Investment Yields Set for Foreign Insurers (Rev. Proc. 2007-58)
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IRS Will Not Change Tax Accrual Workpapers Policy Despite Textron
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Corporation's Tax Accrual Workpapers Protected Under Work Product Privilege (Textron Inc., DC R.I.)
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STATE NEWS
New Jersey --Corporate Income Tax: Licensing of Intangibles Sufficient for Nexus
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North Carolina --Sales and Use Tax: Incentives Challenged Again
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