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Today's Tax News & Analysis Highlights

Monday, January 5, 2009

FEDERAL NEWS

  • IRS Issues Proposed Regs on Cost-Sharing Arrangements
  • Procedures Revised for Issuing Letter Rulings
  • Frank Readies Plan to Have Treasury Invest in Low-Income Housing Credits
  • IRS Adheres to Investor Model in Revised Cost-Sharing Regs
  • Bernard Kerik Pleads Not Guilty to Interfering With Tax Administration
  • IRS Issues Temporary Regs on Cost-Sharing Arrangements

STATE NEWS

  • Florida Citrus Commission Proposes Tax on Imported Orange Juice
  • Florida GOP Leaders Rule Out Considering Tax Increases in Special Session
  • Florida Lawmakers to Consider Film Tax Credits
  • Mississippi Cigarette Tax Increase Likely, but How High?
  • Kansas Governor Favors Cigarette Tax Increase, Opposes General Tax Increase in 2009
  • Connecticut Employers to Pay More in Unemployment Taxes

INTERNATIONAL NEWS

  • Dutch Supreme Court Misinterpreted Article 6(2) of Sixth VAT Directive, Advocate General Concludes
  • Cooperative Works Contract Indivisible for Tax Purposes, Indian Tax Tribunal Says
  • Indian Court Rules on Effective Date of Service Tax Obligation
  • IMF Economist Slams U.K. Tax Plan
  • OECD Countries Heavily Dependent on Consumption Taxes, Report Says
  • China's Tax on Imported Leaded Gasoline Skyrockets

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