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If Charleston Farmer's Cooperative chooses a Non-Qualified Patronage Allocation for the entire annual allocation, who is responsible for the initial income tax liability? The cooperative.

If Charleston Farmer's Cooperative chooses a Non-Qualified Patronage Allocation for the entire annual allocation, who is responsible for the initial income tax liability? The cooperative. The cooperative's patrons. Both the cooperative and the patron. This is not a taxable event

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