In May 2016, the Bureau of Internal Revenue (BIR) issued Revenue Memorandum Circular (RMC) No. 54-2016 in response to CDA Memorandum Circular (MC) No. 2015-08 issued by the CDA in September 2015 on the guidelines governing the issuance of Certificate of Compliance (COC), in lieu of the CGS. A COC, as defined in this circular, is the certificate issued to all types of cooperatives after complying with the rules of the CDA, in lieu of the then CGS. Through the issuance of the said RMC, the BIR aims to inform cooperatives that all revenue issuances with provisions specifically mentioning the CGS are amended or modified to conform with the CDA MC.
It all started with a goal to help, to serve and to achieve a holistic development of people within all Barangays and Municipalities of Ilocos Sur thru unifying cooperative services. This goal was planted like a seed by the Archdiocese of Nueva Segovia thru the Archbishop of that time His Eminence Orlando Cardinal Quevedo and Msgr. Ambrose L. Cabildo. Today, that seed of ambition has grown full bloom and now being recognized as the NUEVA SEGOVIA CONSORTIUM OF COOPERATIVES.
The National Confederation of Cooperatives or NATCCO Network is a story of transformation. It was established on January 23, 1977 in Cebu City by the five regional co-op training centers: Tagalog Cooperative Training Center (TAGCOTEC), Visayas Cooperative Development Center (VICTO), Bicol Cooperative Development Center (BCDC), Northern Luzon Federation of Cooperatives and Development Center (NORLUCEDEC), and Southern Philippines Educational Center for Cooperatives (SPECC). NATCCO originally meant National Association of Training Centers for Cooperatives. Its task was to coordinate the trainings and educational services for cooperatives at the national level. NATCCO transformed into a multi-service national co-op federation after the 1986 EDSA Revolution; the member regional training centers became multi-service co-op development centers. The acronym NATCCO became National Confederation of Cooperatives in 1989.
Chairman Orlando R. Ravanera of the Cooperative Development Authority reinforced the significant role of cooperatives on Regional Economic Integration as he called a brainstorming conference on May 20, 2016 at the CDA Conference Room, Aurora Boulevard, Quezon City to beef up the chances of farmers and cooperatives in the Philippines, in due consideration of the challenges and prospects in building the ASEAN Economic Community (AEC). The activity was participated by selected successful cooperatives, other National Government Agencies (NGAs) and international organization in order to prepare the farmers and cooperatives in the Philippines to the challenges posted by the AEC.
Come October 24-26, 2016, the Philippine Cooperative sector through its lead convener, the Philippine Cooperative Center (PCC) in partnership with the Cooperative Development Authority as co-convener, shall be holding its 13th National Cooperative Summit at the SMX Convention Center, Seashell Lane, SM Mall of Asia Complex, Pasay City.