The 20% "Qualified Business Income" deduction under Code Section 199A is a brand new pretty substantial tax break. It is likely that Congress was not thinking about worker-owned cooperatives when that sentence fragment was added to the final bill. Cooperatives In SpiritThe worker-owned cooperative movement is suffused with idealism. The international worker cooperative federation CICOPA established basic standards for worker cooperatives in the World Declaration on Cooperative Worker Ownership (also known as the Oslo Declaration) at a meeting in Oslo, Norway in 2003. The US Federation of Worker Cooperatives has signed on to this document.

Source: Forbes January 28, 2018 14:15 UTC