CCH Tax News Headlines July 3, 2008

Tax News Headlines July 3, 2008

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FEDERAL NEWS Temporary Regulations Address Subpart F Treatment of Aircraft and Vessel Leasing Income (T.D. 9406; NPRM REG-138355-07)

IRS Suspends Some Low-Income Housing Project Requirements in Wisconsin After Floods (Notice 2008-61)

STATE NEWS Delaware --Sales and Use Tax: Rate Increases Enacted

Florida --Corporate Income, Insurance Taxes: Credit for Contributions to Scholarship Organizations Amended

Missouri --Personal Income, Property Taxes: Legislation Enacts Tax Rate Rollbacks, Changes Assessment Procedures

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John H. Fisher
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