CCH TAX NEWS for May 9, 2008
FEDERAL NEWS
Farm Bill Negotiators Announce Final Agreement
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House Approves Housing Tax Measure
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Additional Guidance for Public Inspection of Form 990-T Provided
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Clarifying Amendments to Rules on Transfers of Assets or Stock Following Reorganization Issued (T.D. 9396)
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IRS Adopts Final Regulations Regarding Assumption of Liabilities Exception (T.D. 9397)
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STATE NEWS
Iowa --Sales and Use, Property Taxes: State Sales Tax Rate Increased; Local Option Tax Repealed
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Louisiana --Corporate, Personal Income Taxes: State Conforms to ESA Depreciation
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Wisconsin --Corporate, Personal Income Taxes: Reminder Issued on Tax Shelters Program Deadline
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