They don't distribute profits to their members.
The only thing making them pay tax will do is create an accounting nuisance where they drive profits and thus taxes to zero.
The only thing making them pay tax will do is create an accounting nuisance where they drive profits and thus taxes to zero.
(Although, separately, this is what IKEA does but they setup an extremely intricate multinational structure to achieve this, and this is what Amazon does, but that required heavy re-investment which only worked because the markets trusted the reinvestment would eventually be profitable and therefore invested in AMZN despite it not showing profits).
They’d have to do it by paying salaries or buying products, etc all of which are also taxed, and usually at rates higher than taxes on profits.
There are some technical for-profit companies that effectively drive profit to zero and the shareholders don't care, because that was the purpose.
https://www.stock-analysis-on.net/NASDAQ/Company/Amazoncom-I...
See Amazon v Walmart net profit margin 1999 to 2018 graph.
https://mgmresearch.com/amazon-vs-walmart-revenues-and-profi...
"In each year from 2014 to 2018, about half of all large corporations had no federal income tax liability."
How does non profits spending money inefficiently to burn revenue help society?