- January 19, 2021Effective January 12, 2021, the Small Business Administration and the Department of the Treasury issued an Interim Final Rule concerning…
- February 6, 2020David Cook will be speaking at the upcoming NTCA’s RTIME conference. The conference will be held on February 16 – 19 in Phoenix, AZ. …
- October 1, 2019David R. Cook Jr., recently spoke at the NTCA Fall Conference. The conference was held September 21 – September 25…
- August 19, 2017C&A Attorney David Cook will present at the National Telecommunications Cooperative Association's Finance and Accounting Conference concerning two important topics…
- March 29, 2017In a prior Cooperative Tax Post, we discussed the Service’s trend of permitting cooperatives to satisfy notification requirements of Subchapter…
- February 10, 2017Cooperative tax professionals occasionally consider whether patronage dividends, such as QWNAs, are considered equity or debt. The issue was central…
- February 6, 2017The following article is reprinted with permission from CFC Solutions Newsletter (17 January 2017, Vol.19, No.2) Capital credits retired by…
- May 31, 2016To view this Cooperative Tax Brief in PDF, click here. Allocation and distribution of earnings is a fundamental tenant of…
- May 19, 2016In a prior post, we discussed the interaction of Subchapter T (governing cooperatives) and Subchapter M (governing REITs). As explained…
- August 25, 2015In May of this year, Midwest Energy Cooperative, serving southern Michigan, adopted a resolution to become member-regulated, in accordance with…
- August 19, 2015Since 2009, at least 14 cases have been filed against electric cooperatives over patronage capital (or capital credits) in eight…
- December 12, 2014Real Estate Investment Trusts and Cooperatives’ Patronage Dividends Some of the more interesting cooperative tax cases involve the interplay of…
- November 3, 2014To view this Cooperative Tax Brief in the traditional PDF format, click here. Introduction What counts as notice of patronage…
- November 26, 2013USDA Magazine Article Discusses Management of Capital Credits and Patronage Dividends The USDA publishes a bi-monthly magazine, Rural Cooperatives, which…
- November 12, 2013Cooperatives May Offset Bad Debt with Capital Credit Balances Like for-profit companies, cooperatives encounter bad debt of members and patrons. …
- August 31, 2013Who is entitled to vote as a cooperative member when a facility is composed of separately metered units? Does it…
- July 26, 2013C&A attorney David Cook will address the National Telecommunications Cooperative Association concerning recent developments in cooperative taxation. Cooperatives must comply…
- March 30, 2013Cooperatives have been given conflicting guidance from the IRS concerning the proper treatment of discounting of capital credits. Specifically, some…
- February 11, 2013This guest post is from CFC's February 11, 2013 CFC Solutions Newsletter (Vol. 15, No. 6). FROM THE CFO'S DESK…
- October 14, 2012C&A attorneys have been closely following lawsuits against cooperatives' capital credit management. We recently developed an updated summary of the…
- August 11, 2012In another lawsuit concerning cooperatives' capital credit practices, a North Carolina trial court ruled in favor of a cooperative that…
- June 23, 2012C&A attorney David Cook has written an article for The Cooperative Accountant, a journal published by the National Society of…
- April 26, 2012C&A attorney David R. Cook recently spoke to a group of cooperative accountants about the role of accountants in cooperatives'…
- April 10, 2012In the latest Cooperative Tax Brief, C&A Attorney David Cook discusses a recent ruling by the Service that an international…
