Exempt Electric Cooperatives Surrender Their Tax-Exempt Status to Qualify for Additional Financing

A previous AHC Cooperative Tax Brief posed the question: “Why would a cooperative give up the benefits of tax exemption?” In two recent private letter rulings, electric cooperatives (a distribution cooperative and a G&T cooperative) sought to surrender their tax-exempt status in order to become eligible for additional financing. 

Click here to read the latest AHC Cooperative Tax Brief.

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