CCH TAX NEWS for June 15, 2006

CCH TAX NEWS for June 15, 2006

FEDERAL NEWS

House Passes 2007 Transportation-Treasury Appropriations Bill

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Automatic Stay Provision in Bankruptcy Code Not Applicable to Liabilities of LLC (People Place Auto Hand Carwash, LLC, TC)
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Taxpayer's Incremental Cost Allocation Method Was Reasonable; Motion for Reconsideration Denied (Anschutz Co., TCM)
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STATE NEWS

Connecticut --Corporate Income Tax: Employer-Assisted Housing Credit Repealed, Jobs Credit Amended

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Oklahoma --Corporate Income Tax: Provisions for Oil Refineries Enacted
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John H. Fisher
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