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April 3, 2009BIR RULING [COOP-(M-069) 252-09]RA 6938; 008-2001Ugnayan Transport Service and Multi-Purpose CooperativeNo. 3 Bernadette St., Provident Villages,Tanong, Marikina City Attention: Mr. Leoncio DaeloFinance Officer Gentlemen :This refers to your letter dated March 03, 2008 which was indorsed to this office by the Revenue Region No. 7, Legal Division, Quezon City requesting for a Certificate of Tax Exemption under the provisions of Republic Act No. 6938, otherwise known as the "Cooperative Code of the Philippines". Documents submitted disclosed that Ugnayan Transport Service and Multi-Purpose Cooperative (TIN No. 209-038-759) with principal address at No. 3 Bernadette St., Provident Villages, Tanong, Marikina City is a primary transport service cooperative transacting with member-operators only; that it is registered with the Cooperative Development Authority with Registration No. G-624-2802 dated December 29, 2000; that a Certificate of Good Standing has been issued in its favor by Mr. Manuel C. Lapeña Administrator, OIC-Manila Extension Office; that the objectives and purposes for which it was formed are the following:1. To increase and establish the income of its members by providing continuing government...