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RMC No. 12-2012: Circularizes the full text of the CDA’s memorandum on the request for non-registration of cooperatives not specifically identified under RA No. 9520

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Summary

RMC No. 12-2012 circularizes the full text of a Cooperative Development Authority (CDA) memorandum to its Regional Directors on cooperatives not specifically identified under Republic Act No. 9520.

Key points

  1. No registration. Regional Directors are told to refrain from issuing certificates of registration to cooperatives not specifically identified under RA No. 9520. Examples given are labor contracting, professional, construction, mining and other similar cooperatives.
  2. Inspection. Regional Directors also conduct inspection, examination or investigation to verify complaints that these cooperatives were used as a tax shield.

Who is affected

  • CDA Regional Directors
  • Cooperatives not specifically identified under RA No. 9520

Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.

Copies of BIR issuances are hosted here for reference. For the official version, check bir.gov.ph. Summaries by Tax Resources PH are not a substitute for the full text or professional advice.