Monday, February 12, 2018

Fiscal Incentives - RA 10744 (Credit Surety Fund)

RA 10744 accords the Credit Surety Fund (CSF) Cooperatives the same tax privileges as cooperatives registered with the CDA.

The law defines CSF as a fund generated from the contributions of well-capitalized and well-managed member-cooperatives/non-governmental organizations (NGOs), - local government units (LGUs), government financial institutions (GFIs) and other institutions/government agencies.


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MARKET ISSUES

[last partial update : 02/28/2018] Macro and Overseas (a) US interest rate : 1.25 ~ 1.5%, May increase 3 times in 2018 (b) US 10 yr bond...