CCH TAX NEWS for March 13, 2007
FEDERAL NEWS
Interest Rates on Tax Underpayments and Overpayments Unchanged for Quarter Beginning April 1, 2007 (IR-2007-54; Rev. Rul. 2007-16)
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Negative Amounts May Be Used to Compute Additional Costs Under Simplified UNICAP Methods Until Future Guidance Issued (Notice2007-29)
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IRS Reminds Certain Large and Mid-Size Corporate Taxpayers of March 15 Filing Deadline (IR-2007-57)
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STATE NEWSAll States --Corporate Income, Franchise Taxes: U.S. Supreme Court Asked to Resolve Physical Presence Controversy
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New Hampshire --Corporate Income Tax: U.S. Supreme Court Asked to Evaluate Deduction for Foreign Subs' Dividends
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