n\a

November 4, 2009BIR RULING [COOP-(M-155) 690-09]R.A. No. 6938; Coop (M-011) 037-2009 dtd. 1/27/2009Recodo Integrated Workers Multi-Purpose CooperativeRecodo Highway, Recodo, Zamboanga CityAttention: Vivencio R. ObidoGeneral ManagerGentlemen :This refers to your letter dated August 01, 2007 requesting for a tax exemption under the provision of Republic Act (R.A.) No. 6938, otherwise known as the Cooperative Code of the Philippines. EACIaTIt appears that Recodo Integrated Workers Multi-Purpose Cooperative is a multi-purpose cooperative duly registered with the Cooperative Development Authority (CDA) under Certificate of Registration No. PAG-1215-95 dated November 24, 1995 with Taxpayer Identification Number (TIN) 004-329-777; that it transacts business with members and non-members; that it was issued a Certificate of Good Standing by the CDA dated May 12, 2009; that the primary objectives for which it was formed are as follows:1. To provide savings and credit facilities to its members, and develop other livelihood services for the members; and2. To engage in service contracting, management services, productivity and manpower resource services, in activities, such as but not limited to production manufacturing, agriculture, office administration sales and promotions,...