- 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…
- January 13, 2017The IRS is seeking comments on Form 1120-C, which is the tax return required for most Subchapter T cooperatives other…
- May 31, 2016To view this Cooperative Tax Brief in PDF, click here. Allocation and distribution of earnings is a fundamental tenant of…
- May 27, 2016Read this Cooperative Tax Brief in PDF format. As shown in prior posts, the most interesting rulings are those that…
- May 19, 2016In a prior post, we discussed the interaction of Subchapter T (governing cooperatives) and Subchapter M (governing REITs). As explained…
- May 13, 2016View the PDF version of this Cooperative Tax Brief here. When it comes to financial losses, many cooperatives are uncertain…
- February 4, 2016In 1988, the Tennessee Legislature changed state law to give rural electric cooperatives a temporary, four-year city and county property…
- 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…
- September 19, 2014To view this AHC Cooperative Tax Brief as a PDF, click here. The IRS has rejected an organization’s application for…
- November 12, 2013Cooperatives May Offset Bad Debt with Capital Credit Balances Like for-profit companies, cooperatives encounter bad debt of members and patrons. …
- October 3, 2013Like public utilities, municipalities and other political subdivisions that provide electricity to customers must procure wholesale power. A recent IRS…
- September 16, 2013Cooperative’s Consolidation and Liquidation of Subsidiaries [To view this post in the typical Cooperative Tax Brief format, click here.] Like…
- 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…
- May 24, 2013In its 2013 Workplan, the IRS reported a "high level" of incorrect reporting by Section 501(c)(12) cooperatives. These errors primarily…
- March 30, 2013Cooperatives have been given conflicting guidance from the IRS concerning the proper treatment of discounting of capital credits. Specifically, some…
- December 21, 2012The Service recently denied exemption to an organization that sought exemption under Section 501(c)(12) as a mutual ditch and irrigation…
- December 2, 2012On November 29, 2012, Senator Udall of Colorado submitted a bill to amend Section 501(c)(12) as it relates to mutual…
- September 10, 2012In a July 2012 Chief Counsel Advisory (CCA), the Service considered whether cooperatives and their patrons are subject to the…
- August 18, 2012On Friday, August 17, 2012, the U.S. Commodity Futures Trading Commission (CFTC) approved a proposed order that would exempt certain…
- August 4, 2012In the latest cooperative tax ruling, the Service ruled that a cooperative’s (“Cooperative”) gain on sale of stock in corporations…
- April 10, 2012In the latest Cooperative Tax Brief, C&A Attorney David Cook discusses a recent ruling by the Service that an international…
