CCH TAX NEWS for December 7, 2006
FEDERAL NEWS
Extenders Talks Break Down; Grassley Introduces Separate Bill
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Treasury Security Rate Set for Computing Current Plan Liability and Required Contribution for December (Notice 2006-111)
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Deficiency Notice Valid; Penalty for Failure to Pay Tax Not Imposed Because Burden of Production Not Met; Penalty for Failure to File a Return and Sanctions for Delay Were Imposed (Wheeler, TC)
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STATE NEWS
All States --Sales and Use Tax: SST Council Votes on Bundling Proposals, Discusses MPU and Digital
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California --Corporate Income Tax: FTB Decides to Appeal Decision on LLC Fee and Discuss Possible Remedy
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