CCH TAX NEWS for March 19, 2007
FEDERAL NEWS
Additional Guidance Issued on Reporting of Tax Shelter Disclosure Penalties to SEC (Rev. Proc. 2007-25)
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Dual Consolidated Loss Regulations Adopted (T.D. 9315)
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CCH Weekly Report --What's Happening on the Tax Front: Senate Budget Committee Passes FY 2008 Proposal; SFC Leaders Criticize IRS Plan to Outsource Rulemaking; Few Taxpayers Opting to Split Refunds
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STATE NEWS
Louisiana --Multiple Taxes: Governor's Budget Proposal Includes Tax Breaks, Sales Tax Holiday
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Missouri --Franchise, Corporate Income Taxes: House Approves Bill to Eliminate Corporate Franchise Tax
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Washington --Sales and Use Tax: House Passes SST Conformity Legislation
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