CCH TAX NEWS for March 14, 2005
FEDERAL NEWS
Guidance Provided on Claiming State Sales Tax Deduction (Notice
2005-31)
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Code Sec. 1221: Hedging Transaction Losses Resulted in Capital and Income (TAM 200510028)
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STATE NEWSCalifornia --Corporate Income Tax: Gain on Intercompany Sales Reportable Pursuant to Federal Agreement
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Kentucky --Multiple Taxes: Budget Bill Tax Provisions Outlined
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