Tax Exemption Granted to Calaca FACOMA

February 27, 1959 BIR RULING NO. 126-59 The President Calaca FACOMA Calaca, Batangas S i r : Reference is made to your letter dated February 9, 1959 requesting the exemption of the Calaca (Batangas) Farmers Cooperative Marketing Association, Inc. from the 2% tax on the share of its members in the sugar milled by the Central Azucarera Don Pedro out of the sugar can belonging to said members which the Association, for and in behalf of its members, delivered to said Central for milling. cdtech It appears from the documentary evidence submitted by you, such as the Association's Articles of Incorporation, By-Laws, marketing agreement, sugar quedans, others, that your Association is duly organized under the provisions of Act No. 3425, as amended, and that the Association is undertaking the processing and marketing, for and in behalf of its members, the produce of the latter. In reply thereto, I have the honor to inform you that the Calaca FACOMA, for undertaking the milling of the sugar can delivered to it by its members is exempt from the 2% tax on the share of its members in the sugar milled, pursuant to Section 48 of the aforesaid Act, as amended by Republic Act No. 702. cdt Very truly yours, (SGD.) JOSE ARAAS Commissioner of Internal Revenue