Agriculture Co-ops Urge Congress to Permanently Extend Tax Provisions
Nearly 270 farm groups, agribusiness associations, and farmer cooperatives are calling on Congress to permanently extend the expiring provisions of Section 199A as lawmakers advance the federal budget process.
In a joint letter to Congress, the coalition emphasized the critical role Section 199A plays in maintaining the competitiveness of farmer co-ops and their members against corporations that benefited from the permanently reduced corporate tax rate under the 2017 Tax Cuts and Jobs Act.
[...]