CCH TAX NEWS for October 4, 2007

CCH TAX NEWS for October 4, 2007

FEDERAL NEWS

Finance Panel Considering Economic Substance Codification as Offset for Farm Bill

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Bush Willing to Compromise After Vetoing SCHIP Legislation
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Passive Loss Deduction Denied; S Corporation Stock Had No Liquidated or Potential Value (Bilthouse, DC Ill.)
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STATE NEWS

Michigan --Sales and Use Tax: Bad Debt Deduction Legislative Changes Enacted Retroactively

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John H. Fisher
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