CCH TAX NEWS for February 28, 2007

Mar 01, 2007 0 Replies

CCH TAX NEWS for February 28, 2007



FEDERAL NEWS



Domestic Parent Entitled to Credit for Taxes Paid by Disregarded Foreign Subsidiary on Behalf of Lower Tier Foreign Subsidiaries (Guardian, CA-FC)

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IRS Offers Tips to Avoid Common Errors Using Schedules K-1 (IR-2007-42)
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IRS Reminds Foreign Financial Account Holders of Their Reporting Requirements (FS-2007-15)
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STATE NEWS



Arkansas--Sales and Use Tax: SST Conformity Passed by Legislature

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Kansas--Corporate Income Tax: Senate Passes Legislation Establishing Single Sales Factor Apportionment
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