CCH Tax News Headlines - January 19 2009

CCH Tax News Headlines - January 19 2009

Federal Headlines: -

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1/19/2009 - Dubai Mercantile Exchange Recognized as Qualified Board or Exchange (Rev. Rul. 2009-04) 1/19/2009 - Applicable Federal Rates for February 2009 Released (Rev. Rul. 2009-5) 1/19/2009 - Proposed Regulations Issued Regarding Stock Basis Recovery in Code Sec. 301

Distributions and Transactions (NPRM REG-143686-07)

1/19/2009 - IRS Withdraws Proposed Regulations on Disguised-Sales of Partnership Interests (NPRM REG-149519-03)

State Headlines:

1/19/2009 - Massachusetts --Property, Sales and Use Taxes: Governor Proposes Meals and Lodging Tax; Taxation of Telecommunication Companies 1/19/2009 - North Carolina --Sales and Use Tax: Online Travel Companies Are Not Hotel Operators 1/19/2009 - Virginia --Sales and Use Tax: SST Conformity Legislation Introduced

Missed a headline? Click here for last week's tax highlights. -

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John H. Fisher
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