CCH Tax News Headlines - September 29, 2008

CCH Tax News Headlines - September 29, 2008

FEDERAL NEWS -

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House Attempts to Woo Senate with Separate Tax Extenders, Energy Legislation

House Passes Charity Enhancement Act of 2008

Indian Tribal Entities That Appear on BIA Lists are Indian Tribal Governments For Federal Tax Purposes (Rev. Proc. 2008-76)

IRS May Issue Rulings on Issues Ancillary to Establishment or Operation of Nonqualified Deferred Compensation Plans (Rev. Proc.

2008-61)

Code Sec. 382 Regulations Forthcoming (Notice 2008-84)

Guidance Provided Regarding Securities Loan Agreements Where Transferee Defaults (Rev. Proc. 2008-63)

STATE NEWS California --Personal Income Tax: Partial Conformity to Mortgage Forgiveness Debt Relief Act Enacted

California --Corporate, Personal Income Taxes: Intercompany Dividend Elimination Amended; Other Tax Changes Made

Oklahoma --Multiple Taxes: Current Voluntary Compliance Initiative Is Constitutional

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John H. Fisher
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