CCH Tax News Headlines - August 5, 2008

CCH Tax News Headlines - August 5, 2008

FEDERAL NEWS -

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IRS Discusses Foreign Trust Reporting Requirements

Election for Nonvested Stock Upheld; Carryback of AMT Capital Losses Disallowed (Kadillak, CA-9)

Corporation Entitled to Use Percentage of Completion Method to Report Income from Long-Term Construction Contract (Koch Industries, Inc., DC Kan.)

STATE NEWS California --Corporate, Personal Income Taxes: Procedure Enacted for Recovering Misdirected Tax Refunds

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John H. Fisher
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