April 17, 2009
BIR RULING [COOP-(M-073) 261-09]
R.A. No. 6938; Coop (M-011) 037-2009 dtd. 1/27/2009
San Isidro De Pasig City Multi-Purpose Cooperative
402 Mahogany St., Agapito Subd.
Santolan, Pasig City
Attention: Mr. Bartolome P. Lapuz
Chairman
Gentlemen :
This refers to your request for a Certificate of Tax Exemption under the provisions of R.A. No. 6938, otherwise known as the "Cooperative Code of the Philippines".
Documents submitted disclosed that SAN ISIDRO DE PASIG CITY MULTI-PURPOSE COOPERATIVE (TIN No. 265-396-600-000) with principal address at 402 Mahogany St., Agapito Subd., Santolan, Pasig City is a multi-purpose cooperative transacting with both members and non-members; that it is registered with the Cooperative Development Authority with Registration No. K-624-6564 dated September 10, 2008; that a Certificate of Good Standing has been issued in its favor by Ms. Lecira V. Juarez, Officer-in-Charge, Cooperative Development Authority, Manila Extension Office; that the objectives and purposes for which it was formed are the following:
"1. To engage in (1) Thrift and savings mobilization among the members; (2) To generate funds and extend credit to members for productive and provident purposes; and (3) To attain...
