Tax Exemption of the Confederation of Sugar Producers Cooperative

July 1, 1999 BIR RULING NO. 087-99 087-99 Central Azucarera Don Pedro 6/F Cacho-Gonzales Bldg., 101 Aguirre St., Legaspi Village, Makati City Gentlemen : This is in connection with the letter of Mr. Jose V. Ramos, CPA, Tax Consultant of the Confederation of Sugar Producers Cooperative (Confederation for brevity), regarding the exemption of said Confederation from the advance payment of VAT on the withdrawal of their refined sugar from your sugar mill. In view of the presented by Mr. Ramos and pursuant to Article 61 and 62 of the Cooperative Code and relative to Section 109(R) of the Tax Code of 1997, the Confederation of Sugar Producers Cooperatives, being a national umbrella organization representing primary agricultural cooperatives among sugar producers duly registered with the Cooperative Development Authority, it is exempt from all taxes and fees imposed under the internal revenue laws including the Value Added Tax (VAT). LibLex On the basis of the foregoing facts as represented, please be informed that this office interposes no objections and hereby grants the request for clearance to withdraw for sale the refined sugar owned by the Confederation without prepayment of VAT in consideration of the Tax Exemption Certificate previously issued by this office. Very truly yours, (SGD.) BEETHOVEN L. RUALO Commissioner of Internal Revenue