The way it's being done—the way the Senate said it needed to be done, the way the 1977 notice of ways and means motion reads, the way the act reads—is that you take the total income of the colony.... First of all, to fall into section 143, you have to have business income, whether from farming or from manufacturing. You start with the income from the colony, you take any of the deductions they may have, and you arrive at a net income. There is a formula in that section of the act that says how it will be allocated out to all of the participating members. Those participating members have to be 18 years of age or older in order to receive this “deemed” allocation—because it doesn't belong to them. It can't, because of their religious beliefs. Then it gets reported on their personal tax return as farming income. It has been done like that since 1961.
On October 4th, 2016. See this statement in context.