Post Date: November 4, 2011
The latest Cooperative Taxation Brief discusses the Internal Revenue Service’s recent private letter ruling that confirms its long-held stance on discounting capital credits. The ruling makes a number of key points that deserve revisiting. This is especially true in light of lawsuits challenging cooperatives’ capital credit practices, including discounting of capital credits. Click to read the latest: https://documentcloud.adobe.com/link/review?uri=urn:aaid:scds:US:2590e67e-c88f-4fb0-8013-6bce5f809ec7
