Excerpt from Per-Unit Capital Retains: Tax Treatment by Cooperatives and Patrons These regulations amend the Income Tax Regulations issued under Sections 61 and 521 of the Internal Revenue Code of 1954. They apply to taxable years of cooperatives begin ning after April 30, 1966. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Abstract: This report analyzes the financial structure of farmer cooperatives, including amounts, types and sources of equity and borrowed capital. Sales and other operating income and amounts and distribution of net savings and losses are also covered. Data are presented by major function, principal products handled, geographic location and income tax status of the cooperatives. While the data are for fiscal year 1976, they are benchmark data and will be useful indefinitely as base data for conducting other studies dealing with cooperative financing.