CCH TAX NEWS for May 27, 2008
FEDERAL NEWS
Senate Votes to Override Farm Bill Veto
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Senate Sends Military Tax Bill to White House
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2008 Inflation Adjustment Factors and Reference Prices for Renewable Electricity Production Credit (Notice 2008-48)
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Credit Card Issuers Could Not Change Treatment of Late-Fee Income (Capital One Financial Corp. & Subs., TC)
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Withheld Listed Transaction Documents Protected by Work Product Privilege; Privilege Not Waived by Disclosure to Accountants (Regions Financial Corp. and Subs., DC Ala.)
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STATE NEWSIowa --Multiple Taxes: Charitable Conservation Contribution Credit Created, Wage-Benefit Credit Repealed
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Maryland --Multiple Taxes: Credit for Work-Based Learning Programs Reestablished
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Rhode Island --Multiple Taxes: Workgroup to Create Strategic Tax Plan
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