CCH TAX NEWS for January 18, 2008

CCH TAX NEWS for January 18, 2008

FEDERAL NEWS

Bush Seeks Agreement with Congress on Stimulus Package as Early as Mid- February

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IRS Identifies Intermediary Transaction Tax Shelter Components and Participants (Notice 2008-20)
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STATE NEWS

Arkansas --Sales and Use Tax: Financing Company Not Eligible to Claim Bad Debt Refund

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Virginia --Corporate Income, Sales and Use Taxes: Telecommunications Service Transactions Did Not Create Nexus
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West Virginia --Sales and Use Tax: Attorney General McGraw Reaches Settlement With Visa, MasterCard
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John H. Fisher
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