Characteristics Of Agricultural Cooperatives

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Farmer cooperatives from now on referred to as agricultural cooperatives, social welfare enterprises, private educational institutions and private non-enterprise units referred to below. Due to the different legal forms of various social enterprises in the ownership, tax relief, profit distribution, governance, etc. have different characteristics. First of all, in the ownership of commercial enterprises, social welfare enterprises and private education institutions with the nature of the investor-owned agricultural cooperatives are members of the ownership, including both funded and non-funded members. However, for non-profit people not ownership of public ownership or all the existing laws of society is not clearly defined but only the liquidation …show more content…
This also shows that non-market activities through the activities of the income do not enjoy any form of tax incentives. Again in the distribution of profits of commercial enterprises in the distribution of profits from the legal form of mandatory restrictions. For social welfare enterprises, the existing regulations do not explicitly stipulate the quota of the investors ' right of income, but only require that "the net profit retained by the social welfare enterprise is mainly used for technological transformation, expanded reproduction, supplemental working capital and collective welfare and rewards ." The distributable surpluses of the agricultural cooperative may be returned or distributed to members in accordance with the volume of transaction between the member and the society, the capital contribution and the fund share as recorded in the member 's account, and the share of the co-operative common property mainly from the state financial subsidy and donations by others. Private schools to a certain extent, the distribution of profits facing a "self-restraint" rather than mandatory restrictions that "private school investors to obtain a reasonable return on the proportion of private schools by the Council, the board or other forms of decision-making bodies with reference to …show more content…
Members have the right to access to important information such as the statutes of the co-operatives, members ' lists, members ' general meetings or members ' general meetings, council meetings, resolutions of the board of supervisors, financial reports, and accounting books. Transparency of social welfare enterprises mainly aimed at government departments in charge of civil affairs departments at all levels has the right to jointly with the taxation, industrial and commercial organs of the area of social welfare enterprises annual inspection of the relevant documents, books, statements and other information for verification. The transparency of non-governmental educational institutions has more extensive supervision body. In addition to the government departments, the public has the right to know the critical matters such as the use of assets, financial management, educational level, educational quality, investment income and other important issues. The main non-transparency of the main body of supervision is also the government departments in the annual inspection of non-need to submit to the government agencies in charge of annual inspection reports, accounting reports and other

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