April 29, 2009
BIR RULING [COOP-(M-081) 287-09]
R.A. No. 6938; ECCP-063-2008 dtd. 06/04/08
Christian Multi-Purpose Cooperative
Centro East, Ballesteros
Cagayan
Attention: Ms. Thelma Q. Tancioco
General Manager
Gentlemen :
This refers to your letter dated March 10, 2008 requesting for a Certificate of Tax Exemption under the provisions of R.A. No. 6938, otherwise known as the "Cooperative Code of the Philippines". TCaEAD
Documents submitted disclosed that Christian Multi-Purpose Cooperative, with Taxpayers Identification No. 005-640-770 is a multi-purpose cooperative transacting with members and non-members; that it is registered with the Cooperative Development Authority with Registration No. TUG-1578 issued on February 12, 1999; that a Certificate of Good Standing has been issued in its favor by Ms. Marilyn J. Estrella, Acting Regional Director, Cooperative Development Authority, Tuguegarao Extension Office; that the objectives and purposes for which it was formed are the following:
Primary
To engage in the establishment of diagnostic laboratory, sales of drugs, medicines, medical supplies, and equipments, consumer goods, agricultural and farm supply.
Secondary
1. To actively support the government and other concerned organizations, both local and foreign, in promoting cooperatives as a practical means towards sustainable socio-economic development...
