CCH TAX NEWS for June 22, 2006
FEDERAL NEWS
New Circular 230 --One Year Later, Lessons Learned and Compliance Best Practices Seminar Scheduled for June 28
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Estate Tax Relief Bill Gets Lukewarm Support from House GOP
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Corporation's Refund Claim Timely Filed Within Two Years from Effective Date of Overpayment Credit; IRS Failed to Provide Evidence Regarding Authorization Date of Corporation's Tax Credit (Parker Hannifin Corp., FedCl)
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STATE NEWS
Arizona --Personal Income, Estate Taxes: Income Tax Subtraction Provided; Estate Tax Provisions Repealed
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Kentucky --Corporate Income Tax: Special Session Called to Address Alternative Minimum Tax Relief, Pass-Through Entity Tax Treatment
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