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
David Cook
Practicing law for 20 years, David focuses on construction & procurement law, rural utility cooperative law, and Georgia local government law.