CCH Tax News Headlines - February 17, 2009

CCH Tax News Headlines - February 17, 2009

Federal Headlines: -

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2/17/2009 - Call-Option Spread Transactions Contributed toPartnerships Lacked Economic Substance; Penalties Imposed (MaguirePartners-Master Investments, LLC, DC Calif.) 2/17/2009 - Guidelines Issued for Development, Printing and Approvalof Substitute Tax Forms (Rev. Proc. 2009-17) State Headlines: 2/17/2009 - All States --Corporate Income Tax: BAT Simplification Act Reintroduced in U.S. House 2/17/2009 - California --Corporate Income Tax: U.S. Supreme Court Asked to Review Remedy for Invalid LLC Fee 2/17/2009 - Tennessee --Sales and Use Tax: Expansion of Collection Requirements for Internet Sellers Proposed

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John H. Fisher
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