Hi  So simple and yet so brilliant. Take a minute and watch it.  http://www.youtube. com/watch? v=42E2fAWM6rA  I AM A PART OF THE LOST GENERATION AND I...
To All, Â I know you more expert on this... Â I just want to clarify the taxability of cooperative transaction in case they have 10M above paid capital. Medo...
Dear Jun, Our understanding is that you are a consumer not a multi-purpose cooperative serving members and non-members with a net savings structure of P10...
Hello Let us wait for the implementing rules and regulations that will be issued jointly by BIR and CDA. As provided in the new coop code: Coop is non-taxable...
Jun, The basis of the 10 Million is Reserve fund and undistributed Net Savings or Surplus. This is to correct my previous answer of net savings. Good luck REY...
Dear All,  Good day. I have a new client, a transport coop who is operating a gas refilling station. I don't know the proper accounting treatment for fuel...
Reconstituted SAC completes first meeting in London 26 February 2009 Â The reconstituted Standards Advisory Council (SAC) held its first meeting on 23 and 24...
 Thank you....  Tita Ellen & Sir Rey, this clarified my query..  I am external auditor of some coop here in taguig City, majority are multi purpose coop...
Hi Ellen, Â I just have some points that I wish to be clarified with concerning the taxability of cooperatives and their transactions, especially those...
 Really nice one… I am sure this would be an eye-opener for everyone’s vocal cords… A saint asked his disciples, 'Why do we shout in anger? Why do...
Hi Norilyn If the coop is dealing with a non-member it is taxable when its accumulated fund will excedd 10M. Donald O. Velasco ... From: Norilyn Mesina...
Hi Joseph, I just learned from the newswatch tonight that the public market at Baguio City was in fire early this morning. We are very sad to hear that. I...
hi jimmy The P10 million reserve fund for taxability of coops does not include CETF, optional fund and other funds created by the coop. This is reserve fund...
Hi minette These are the files of RA 9520 downloaded from the web of the Office of the President. Tita Ellen Surf faster and smarter with Firefox 3!...
Ellen, Gandang araw po. When was RA 9520 published in the Official Gazette? This law becomes effective only with 15 days from publication. Can CPA Plus join in...
Hi Tet! Here is my cp no. 09204001222, my landline is 046-5061102 Violeta Valino ... From: Joel Raz <joelrazcpa@...> Subject: Re: [picpa_coopdev] NEW...
Revenue Regulations No. 2-2009 amends further Sections 2.57.2 and 2.58 of Revenue Regulations No. 2-98, as amended, subjecting to Creditable Withholding Tax...
Very truely said [:)] salamat! ... cords… ... shout at each other when they are upset?' ... calm, we shout for that.' ... the saint. 'Isn't it possible...
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Yes, tnx, but my queries is also on how I'm going to treat the fuel subsidy.. Should I present this as an other income, or should I net it to the purchase...
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The law will of course be published in the official gazette after it is signed by the President. It depends on the schedule of NPO. CDA will soon publish it in...
Ellen, Thanks for your advice. We will try to space out our schedule to accommodate this event. Thanks a lot. REY D. ________________________________ From:...
