The NCERA-210 Research Committee on Cooperatives and the eXtension Cooperatives Community of Practice recently held an educational webinar highlighting recent Tax Reform measures that benefit agricultural cooperatives and their members. A panel of experts from Oklahoma State University, Kansas State University and Iowa State University discussed provisions of the 2017 Tax Cuts and Jobs Act, the impacts on cooperative cash flow, cash patronage rates and the implications on how cooperatives should distribute patronage and manage balance sheets. Potential impacts at the farm level were also discussed. Attendees from across the country included cooperative managers, employees, board directors, members and other stakeholders involved in agricultural cooperatives.
Jacobs, K. "A Discussion of the Sec 199A Deduction and its Potential Impacts on Producers and Grain Marketing Firms." farmdoc daily (8):13, Department of Agricultural and Consumer Economics, University of Illinois at Urbana-Champaign, January 26, 2018.