CCH TAX NEWS for May 8, 2008
FEDERAL NEWS
House Begins Work on Housing Tax Bill
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Senate Democrats' Energy Bill Targets Big Oil Tax Breaks
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IRS Releases Economic Stimulus Payment Q&A on Its Website (IR-2008-70)
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CFC's Earnings and Profits Not Reduced for Future Annuity Payments (Perano, TC)
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STATE NEWS
Colorado --Corporate Income Tax: Legislature Approves Bill Addressing Captive REITs and Disclosure
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Florida --Corporate Income Tax: Decoupling Legislation Passes Both Houses
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Missouri --Multiple Taxes: House Approves Corporate Income Tax Phase- Out, Fuel Tax Holiday
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