CCH TAX NEWS for Februry 15, 2007

Feb 17, 2007 0 Replies

CCH TAX NEWS for Februry 15, 2007



FEDERAL NEWS



IRS Issues Guidance on Use of Net Consideration Method for Certain Patent Cross Licensing Agreements (Rev. Proc. 2007-23)

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Tax Court Small Tax Case Procedures Not Applicable, Total Unpaid Tax Exceeded $50,000 (Schwartz, TC)
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STATE NEWS



Illinois --Sales and Use Tax: SST Conformity Legislation Introduced

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Wisconsin --Multiple Taxes: Governor Proposes Tax Relief
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