A disadvantage of farm cooperatives is that they are subject to higher tax rates than corporations.

Question

Quizplus · Accepted Answer

Farm cooperatives actually have some tax advantages over corporations, such as being able to deduct payments made to members as part of their operating expenses. However, they may be subject to certain taxes, such as the Alternative Minimum Tax, that corporations are not. Overall, the tax situation for cooperatives and corporations can vary depending on the specific circumstances.

A Disadvantage of Farm Cooperatives Is That They Are Subject