Source: AGWEB 12/18/17


A ninth inning change to the conference tax reform conference bill is a win for farmers and cooperatives. A small portion of the conference bill that many anticipate Congress will vote on today addresses a key issue left out of the initial language: Section 199. Also known as the Domestic Production Activities Deduction (DPAD), this portion of the tax code reduces taxes on proceeds from agricultural products marketed through cooperatives.

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