IRS Applies Related-Party Restrictions to Coop’s Patronage-Dividend Deductions

In a July 2012 Chief Counsel Advisory (CCA), the Service considered whether cooperatives and their patrons are subject to the related-party rules under Section 267.

Read the latest Cooperative Tax Brief.

About Cook & Associates

Cook & Associates serves rural utilities, state and local governments, and construction clients with specialized legal services while retaining the personal touch and more economical rates of a small firm.