Memorandum from the Cooperative Development Authority (CDA)
Removal of Five (5) year Validity Period on Receipts/Invoices
July 1, 2022
The Bureau of Internal Revenue (BIR) has recently issued Revenue Memorandum Circular (RMC) No. 115-2022
August 1, 2022
With the ongoing systems maintenance with CDA’s Cooperative Annual Information System (CAIS), CDA has suspended the imposition of fines and other monetary penalties for late submission of required reports for CY 2021 until further notice.
CDA Memo: https://xmcasia.com/wp-content/uploads/2022/07/CDA_Memo.pdf
