CCH TAX NEWS for June 27, 2006

CCH TAX NEWS for June 27, 2006

FEDERAL NEWS

Up-Front Cash for Advance Trade Discount Was Not Income When Received (Westpac Pacific Food, CA-9)

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Flood Shuts Down IRS National Office Operations for Second Day
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STATE NEWS

Colorado --Property, Sales and Use Taxes: Economic Incentive Development Agreements Upheld

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North Carolina --Multiple Taxes: IRC Conformity Date Updated; Reporting Requirements Changed
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John H. Fisher
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