Three days of dialogue, strategic alignment, and collective commitment culminate in the historic signing of the Stella Maris Declaration at the NSCC Stella Maris Hotel and Convention Center in Cabugao, Ilocos Sur on October 26 to 28, 2026.
Espares files House Bills for Agri Co-ops
QUEZON CITY – COOP-NATCCO Representative Felimon Espares has filed House Bills 2412 and 2417 in Congress. If and when the Bills become laws, the results are seen to bring cooperatives to a higher level.
Unions, Federations Declare Stand on Raquepo, CETF, Unity
Unions, Federations Declare Stand on Raquepo, CETF, Unity Leaders of Unions and Federations have signed and issued separate declarations agreeing to 1) work together, 2) urging President Marcos to retain Alexander Raquepo as Chairperson of the Cooperative Development Authority (CDA), and 3) push for prerogative of primary cooperatives to choose where or to whom to […]
BSP, CDA Release Proposed Joint Circular on E-Money Issuers
BSP, CDA Release Proposed Joint Circular on E-Money Issuers The Bangko Sentral ng Pilipinas (BSP) and the Cooperative Development Authority (CDA) have released a proposed joint circular that will set guidelines for cooperatives planning to operate as electronic money issuer-non-bank financial institutions (EMI-NBFIs) or operators of payment systems (OPS). The document is titled: “Guidelines for Cooperatives Engaged or Intending to Engage in Activities […]
TIN requirement of co-op members stays, says BIR
TIN requirement of co-op members stays, says BIR The Bureau of Internal Revenue (BIR), the Government agency for tax collection, stood pat that co-ops must submit the Tax Identification Numbers amidst calls for its repeal. In its Revenue Memorandum Circular 124-2020 issued on November 25,the BIR has made its verdict final. The RMC was in […]
Cooperatives donate P5M for COVID vaccine
Cooperatives donate P5M for COVID vaccine While cooperatives all over the country are reeling from the COVID-19 Crisis and yet have complied with the Government regulations promulgated by the Cooperative Development authority and with the Bayanihan 2 Act that declared a moratorium on loan payments for all lending institutions – including cooperatives. But more importantly, […]
Cooperatives open National Cooperative Month
Cooperatives open National Cooperative Month Since the Covid-19 Crisis began, cooperatives all over the country have been quietly at work in their communities. They have provided financial services, issued moratoriums on loan payments, distributed rice & vegetables, provide transport to health workers, opened food stores, distributed personal protective equipment to medical professionals, and more. On […]
Co-ops to issue TINs to members (TIN Series Part 3)
Co-ops to issue TINs to members (TIN Series Part 3) QUEZON CITY — The Tax Identification Number (TIN) of co-op members is very important because without it, the Bureau of Internal Revenue (BIR) cannot issue a co-op its Certificate of Tax Exemption (CTE). Co-op leaders at a series of meetings with the Department of Finance, […]
CDA says: “We tried to mitigate the harshness of JAO 1-2019”
CDA says: “We tried to mitigate the harshness of JAO 1-2019” At the discussions of the Technical Working Group on the Tax Exemption held March 4 in the House of Representatives, leaders of primary co-ops complained that the penalties for non-submission of the Annual Tax Incentive Report (ATIR) are “too harsh.” The Joint Administrative Order […]
Co-ops complain: Penalty for ATIR non-submission ‘too harsh’
Co-ops complain: Penalty for ATIR non-submission ‘too harsh’ QUEZON CITY – “Very few co-ops have availed of the tax exemptions. Why is it that we have exemption in the law but after a decade only 33% of co-ops have availed? Why give co-ops the privilege of exemption when they will be deprived in the end? […]
