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DCCCO Tax Exemption Ruling Summary by Juris Formaran is a document available to read on EtoBox.

1. Dumaguete Cathedral Credit Cooperative (DCCCO) is a credit cooperative registered with the Cooperative Development Authority. The Bureau of Internal Revenue issued assessments requiring DCCCO to pay deficiency withholding taxes on interest earned by members from savings deposits. 2. DCCCO argued it was not subject to the 20% final tax on certain passive incomes under the National Internal Revenue Code since members

Author
Juris Formaran
Language
EN