Skip to content

IRS Confirms the Propriety of Discounting Capital Credits

The latest AHC 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:

Leave a Reply

Your email address will not be published. Required fields are marked *