CCH TAX NEWS for March 26, 2008

Mar 28, 2008 0 Replies

CCH TAX NEWS for March 26, 2008



FEDERAL NEWS



IRS Releases New Interim Guidance on Reissuance Standards for Tax- Exempt Bonds (Notice 2008-41)

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Release of Partner's Obligation to Partnership Was Partnership Item; Refund Attributable to Release Precluded by Statute (Bassing IIII, FedCl)

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STATE NEWS



Utah --Corporate, Personal Income Taxes: New Credits, Other Changes Enacted

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Virginia --Multiple Taxes: Refund Process for Invalid NVTA Taxes and Fees Enacted
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