An evaluation of the tax exemption privileges granted under R.A 6938 (cooperative code of the Philippines) to cooperatives
| dc.contributor.advisor | Ching, Panfila S. | |
| dc.contributor.author | Dikitanan, Melchor Luis B. | |
| dc.contributor.author | Monte, Ma. Delilah Fierra A. | |
| dc.date.accessioned | 2025-02-18T06:58:47Z | |
| dc.date.available | 2025-02-18T06:58:47Z | |
| dc.date.issued | 1994-01 | |
| dc.description.abstract | The cooperative is considered to be a practical vehicle in promoting self-reliance among the people towards the achievement of social justice and economic development. This view is shared by the government as evidenced in the enactment of different laws with the purpose of the development of the cooperative movement in the country. The salient features of these laws are the tax exemption privileges granted to the different kinds of cooperatives. The latest set of laws are Republic Act No. 6938 (Cooperative Code of the Philippines) and Republic Act No. 6939 creating the Cooperative Development Authority. With these new developments, tax agencies are apprehensive that the granting of tax exemption would tend in the direction of tax loopholes and revenue erosion as there are reportedly increasing number of tax avoidance cases done by cooperatives~ On the other hand, cooperatives are clamoring for a less restrictive implementation of the tax exemption provisions . It is now imperative for us to find out if the benefits derived from the granting of tax exemption outweighs the costs entailed to the economy. The empirical study conducted on cooperatives arrived at the conclusion that the presence of tax exemption helped in the promotion of the growth of cooperatives but not significantly enough to increase their capitalization. This means that aside from tax incentives, there are still other factors that contribute to the success of cooperatives. | |
| dc.identifier.uri | https://selib.upd.edu.ph/etdir/handle/123456789/4491 | |
| dc.language.iso | en | |
| dc.subject | Tax Exemption Privileges | |
| dc.subject | R.A. 6938 | |
| dc.title | An evaluation of the tax exemption privileges granted under R.A 6938 (cooperative code of the Philippines) to cooperatives | |
| dc.type | Thesis |