Federal co-operative dividend deduction applies only to qualifying investments and timely member distributions before expiry of the provision. Deduction is available for dividend income of a federal co-operative received from investment with any company, where the income arose from investment recorded in the books on or before 31 January 2026 and was distributed to members at least one month before the due date for filing the return. The deduction is limited to the specified amount, applies only to the defined class of federal co-operative, and ceases for tax years beginning on or after 1 April 2029.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Federal co-operative dividend deduction applies only to qualifying investments and timely member distributions before expiry of the provision.
Deduction is available for dividend income of a federal co-operative received from investment with any company, where the income arose from investment recorded in the books on or before 31 January 2026 and was distributed to members at least one month before the due date for filing the return. The deduction is limited to the specified amount, applies only to the defined class of federal co-operative, and ceases for tax years beginning on or after 1 April 2029.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
