Laws, Regulations & Annotations

Business Taxes Law Guide – Revision 2018

Sales and Use Tax Annotations

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Annotation 295.0960


295.0960 Patronage Dividends Given by Retailer Cooperative. A retailing cooperative, formed as a non-profit corporation under the California Corporations Code, gives rebates to its members semiannually, based on the total amount of their purchase from the cooperative. The rebates, made pursuant to section 12805 of the Corporations Code, are patronage dividends, not cash discounts, and are not deductible from the taxable gross receipts of the cooperative. 10/15/65.