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8box Solutions Inc.

4_20230710_150500_0001

Contact Number: 09369340340
Email: sales@8box.solutions

REVENUE MEMORANDUM CIRCULAR NO. 66-2020 issued on July 2, 2020 circularizes Republic Act (RA) No. 11364 entitled “An Act Reorganizing and Strengthening the Cooperative Development Authority, Repealing for the Purpose Republic Act No. 6939, Creating the Cooperative Development Authority”.

The Authority shall furnish the BIR, Local Government Units which include provinces, highly-urbanized and independent cities, and other concerned agencies a certified list of duly registered cooperatives for purposes of processing tax exemptions.

Any public official or employee who violates or in any manner circumvents the said provision shall be dealt with in accordance with Article 140 of RA No. 9520.