This is to draw your attention to an important issuance of the Bureau of Local Government Finance (BLGF) concerning local taxes, fees and charges that will be imposed against duly registered cooperatives. Cognizant of the fact that several cooperatives were being taxed inappropriately by certain LGUs, the 14 November 2016 BLGF Memorandum Circular No. 11-001-2016 was issued to enjoin those concerned to strictly observe BLGF Memorandum Circular No. 31-2009. Attached to this memorandum is a copy of the subject BLGF Memorandum Circular.
You are therefore directed to cause the dissemination of said Memorandum Circular.
For the information and guidance of all concerned.
(Sgd) RAY R. ELEVAZO