The first principle that applies to us is the obligation to follow the rules. However, major companies can create subsidiaries to adapt to the regulations. The study shows that, for most cooperatives, the tax burden is greater than it is for share-capital businesses.
La Coop fédérée, owing to its sales figures—the company has tax experts—may create and own other companies so that it can follow the rules. That can happen. However, generally speaking, cooperatives are penalized in terms of taxes.