CCH TAX NEWS for July 6, 2007
FEDERAL NEWS
No Waiver of Attorney-Client Privilege by Faxing Document; Privilege Crime-Fraud Exception Applied to One Document; Tax-Shelter Exception Must Be Re-Examined (BDO Seidman, LLP, CA-7)
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STATE NEWSDistrict of Columbia --Corporate, Personal Income Taxes: Standard Deduction/Personal Exemption Amounts Increased, "Taxable Income" Clarified
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Kentucky --Personal Income Tax: Special Session Called to Address Military Pay Exemption, Other Issues
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Tennessee --Corporate Income, Franchise Taxes: Credits Expanded, Other Changes Made
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