CCH TAX NEWS for January 17, 2007
FEDERAL NEWS
IRS Announces Opening of Free File Program; Users May Request Automatic Extension, Telephone Excise Tax Refund (IR-2007-11)
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Liability Assumption Rule Limited to Type D Divisive Reorganizations (Rev. Rul. 2007-8)
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Proposed Regs Released on Transfer by Consolidated Group Member of Loss Share of Subsidiary Stock (NPRM REG-157711-02)
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STATE NEWS
Idaho--Sales and Use Tax: Bill Authorizing SST Participation Introduced
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New Mexico--Corporate, Personal Income Taxes: Governor Proposes Tax Relief, Elimination of Income Tax for Military
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