INCOME TAX TREATMENT OF COOPERATIVES: Internal Revenue Code Section 521

Donald A. Frederick

No 280581, Cooperative Information Reports (CIR) from United States Department of Agriculture, Rural Development

Abstract: Cooperative tax rules are a logical combination of the unique attributes of a cooperative and the income tax scheme in the Internal Revenue Code. The single tax principle is applied to earnings from business conducted on a cooperative basis in recognition of the unique relationship between the members and their cooperative associations. Cooperatives have been granted a certain degree of flexibility in their financial and tax planning and should exercise their options effectively to maximize benefits for members.

Keywords: Agribusiness; Agricultural Finance (search for similar items in EconPapers)
Pages: 124
Date: 2005-04
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://ageconsearch.umn.edu/record/280581/files/cir44-4.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:urdcir:280581

DOI: 10.22004/ag.econ.280581

Access Statistics for this paper

More papers in Cooperative Information Reports (CIR) from United States Department of Agriculture, Rural Development Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().