February 3rd, 2010
The Supreme Court, in a precedent-setting decision, has ruled that savings and time deposits of credit cooperative members are not subject to 20 percent withholding tax.
The ruling arose from the case of Dumaguete Cathedral Credit Cooperative (DCCCO), which has been ordered by the Court of Tax Appeals (CTA) and the regional office of the Bureau of Internal Revenue (BIR) in Bacolod City to pay for the deficiency withholding taxes on interest from savings and time deposits of its members for the taxable years 1999 and 2000, as well as delinquency interest of 20
percent per annum.
In… read more
Tags: dccco
Posted in News | 7 Comments »
February 3rd, 2010
As the cooperative sector continues to catch up with the latest technological trends in a bid to serve its members better while tapping vast opportunities in their quest to become competitive entities at the same time, there is that need to come up with a big event to make these possible.
This is also rationale behind the hosting of the first Cooperative Information Technology Summit that will take place on February 26 to 27, from 8am to 5pm at the Bayview Hotel along Roxas Boulevard in Manila. The summit is presented by the Philippine Federation of Credit… read more
Tags: it summit
Posted in Events | 2 Comments »
February 3rd, 2010
Dear Cooperators and Friends,
Greetings of Peace and Good Will!
We cordially invite you to the 50th (Golden) Annual General Assembly and Educational Forum of the PHILIPPINE FEDERATION OF CREDIT COOPERATIVES (PFCCO). The much-awaited golden year celebration will be held at Baguio Country Club in Baguio City on April 28-30, 2010. This year’s Educational forum theme is “Outsmarting Impacts of Global Financial Crisis”, a very timely topic for leaders and professionals to reflect on the direct or indirect impact of the Global Financial Crisis (GFC) on cooperatives and their respective members.
Educational… read more
Tags: golden
Posted in Events | No Comments »
February 1st, 2010
PFCCO TRAINING CALENDAR 2010
2010 GOLDEN TRAINING CALENDAR
| Month |
Week |
Dates |
PFCCO |
Venue |
Ating Koop |
| January |
1 |
(4-9) |
a) BICUL Training (4 – 7)
b) Opening – Golden Anniversary – 9
c) CM Meeting – 9
|
- Sorsogon
- & c. Barangka, Marikina City
|
|
| 2 |
(11-16) |
VISCUL Training (14 -16) |
Dumaguete |
… read more
Tags: calendar
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January 20th, 2010
January 9, 2010 marks the start of the yearlong activities for credit cooperatives to celebrate the 50th year of the Asia’s first Credit Union Federation – the Philippine Federation of Credit Cooperatives or PFCCO.
PFCCO’s erstwhile pioneers and their contemporaries are among those who gathered to grace the momentous event that will mark the history of Philippine cooperative movement. Among the notable leaders who gave their welcoming statements are the PFCCO (formerly PHILCUL) staff who is now a CDA senior specialist Nerie Lopez of MEO, the son of PFCCO founding Chairman Mr. Jay Brillantes and his wife, St. Martin… read more
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January 15th, 2010
Posted in Gallery | 1 Comment »
