CCH TAX NEWS for June 7, 2007
FEDERAL NEWS
Proposed Regulations Issued on Domestic Production Deduction (NPRM REG-103482-07)
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Proposed Regs Issued Relating to Retained Annuity and Unitrust Interests (NPRM REG-119097-05)
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STATE NEWS
California --Corporate, Personal Income Taxes: Assembly Passes Bill to Provide 2005 Tax Amnesty Program Relief
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Missouri --Multiple Taxes: Nexus Established for Assembly of Products; Not for Data Services
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Pennsylvania --Property Tax: Valuation Determined Using Base Year Indefinitely Held Unconstitutional
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