Category: How Cooperatives Are Structured

A business’ tax status determines how much income tax it pays and how that tax is calculated. The type of legal entity a business is formed under may influence the way its tax status is

Governance refers to how the company is controlled and how decisions are made. Governance also includes how the cooperative and its workers are held accountable, both to their internal members and to external stakeholders. There

When formed as a specific legal entity, cooperatives are able to legally enter into contracts and operate as a business. California recognizes several types of cooperative legal entities, each with their own structure and requirements.