CCH Tax News Headlines - June 10, 2009

CCH Tax News Headlines - June 10, 2009

Federal Headlines: -

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6/10/2009 - Obama, House Democrats See October Passage of HealthCare Reform 6/10/2009 - Final, Temporary and Proposed Regulations Under Code Sec. 7874 Address Surrogate Foreign Corporations (T.D. 9453; NPRM REG-112994-06) 6/10/2009 - Tax Court Had Jurisdiction to Hear Redetermination of Partner-Level Items and Imposition of Penalty (Meruelo, TC) 6/10/2009 - No Gain Recognized Upon Corporate Group Member's Transfer of Assets In Exchange for Partnership Interest (Cox Enterprises, Inc., TCM)

State Headlines: 6/10/2009 - Minnesota --Corporate Income Tax: Transactions Lacked Economic Substance 6/10/2009 - Texas --Sales and Use, Miscellaneous Taxes: Admission Tax on Sexually Oriented Businesses Unconstitutional

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John H. Fisher
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