April 14, 2025 | 𝐀 𝐁𝐢𝐠 𝐖𝐢𝐧 𝐟𝐨𝐫 𝐓𝐚𝐠𝐮𝐢𝐠 𝐂𝐨𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐯𝐞𝐬 !

A proud moment for the cooperative sector in Taguig—Draft Ordinance No. 154, “𝐀𝐧 𝐎𝐫𝐝𝐢𝐧𝐚𝐧𝐜𝐞 𝐆𝐫𝐚𝐧𝐭𝐢𝐧𝐠 𝐋𝐨𝐜𝐚𝐥 𝐓𝐚𝐱 𝐄𝐱𝐞𝐦𝐩𝐭𝐢𝐨𝐧 𝐟𝐨𝐫 𝐂𝐨𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐯𝐞𝐬 𝐑𝐞𝐠𝐢𝐬𝐭𝐞𝐫𝐞𝐝 𝐚𝐧𝐝 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 𝐂𝐢𝐭𝐲 𝐨𝐟 𝐓𝐚𝐠𝐮𝐢𝐠”, has been approved during the 2nd and final reading by the Sangguniang Panlungsod ng Taguig. This ordinance means that eligible cooperatives will be exempted from paying local business taxes, allowing them to redirect more of their resources toward programs that directly benefit their members and the communities they serve. It is a clear recognition of the vital role that cooperatives play in building a more inclusive and sustainable local economy. The presence and unified voice of 25 cooperatives, together with the Taguig City Cooperative Development Council (TCCDC), and the 2 unions; Cooperative Union of Taguig and Pateros and Union of Defense and Public Safety Cooperatives helped push this ordinance forward. Their participation in the council hearing sent a strong message: when cooperatives work together, real change happens. We sincerely thank the City Council, particularly the Committee on Cooperatives and People’s Organizations led by Hon. Carlito Ogalinola, and the Committee on Ways and Means headed by Hon. Atty. Fanella Joy Panga-Cruz, and to Majority Floor Leader, Hon. Jaime Garcia for listening to the concerns of the sector and working to address them through policy. We also extend our heartfelt thanks to our Mayor Lani Cayetano for her continued support of the cooperative movement, and to Vice Mayor Arvin Ian Alit for his leadership and for ensuring that the concerns of cooperatives are heard and acted upon. This is a step forward—not just for individual coops, but for the entire city. Taguig’s cooperatives now have more room to grow, to support their members better, and to reach more communities in need. Isang tagumpay na sama-samang naabot. Para sa mas matatag at mas makabuluhang kinabukasan ng mga kooperatiba sa Lungsod ng Taguig. #ILoveTaguig