Ravanera insists co-ops are automatically tax exempt QUEZON CITY – The blame-game is on. Bureau of Internal Revenue officials say they merely implement the rules, and that they have informed their officials all over the country to do the same. The question is whether the CDA has informed co-ops. On November 5, COOP-NATCCO Partylist Representative […]
Co-op leaders, BIR form TWG to streamline tax exemptions
Co-op leaders, BIR form TWG to streamline tax exemptions For the first time in recent memory, officials of the Bureau of Internal Revenue (BIR) – the government agency for tax collection –on December 9 had formal talks with co-operatives on how to ease or facilitate the procedures in obtaining the Certificate of Tax Exemption (CTE). […]
Dept. of Finance Orders Probe of Co-ops Enjoying Tax Exemptions
Dept. of Finance Orders Probe of Co-ops Enjoying Tax Exemptions THE GOVERNMENT has now turned its sights on some 30,000 registered cooperatives as it moves to plug tax leaks, the Finance department (DoF) said in a press release on October 14. Finance Secretary Carlos G. Dominguez III has ordered the Bureau of Internal Revenue (BIR) […]