BIR: “DANECO-NEA, not DANECO-CDA”

aug 7-13, 2013

The Bureau of Internal Revenue is only recognizing the Davao del Norte Electric Cooperative under the supervision of the National Electrification Administration and not the so-called Daneco-CDA.
BIR-Tagum assistant revenue district officer Daisy Franco clarified that the entity Daneco under NEA has been recognized by the BIR since 1997 as evidenced by its legal papers from BIR Manila.
She informed Tagum City Council during the question hour in the last July 9 session.
She informed City Council members on session presided by Vice Mayor Geterito “Boyet” Gementiza saying, “It is better to pay to Daneco-NEA” than to Daneco-CDA because the former is the one recognized by the BIR.
The Sangguniang Panglungsod earlier invited the officials of BIR office in Tagum to shed light on the new controversy regarding the printing and issuance of new official receipts (ORs) which the BIR earlier gave authorization to what is comparatively called as Daneco-NEA.
The Daneco-CDA breakaway faction earlier questioned the BIR’s order to print and issue ORs to Daneco-NEA.
The faction broke away from the main group to convert into stock cooperative middle last year following purge by the NEA of its board and management officials due to abuse of authority.
It subsequently got a registration from Cooperative Development Authority, which was later on temporarily suspended and then lifted even as the faction including its officers and representatives have been stooped by a Writ of Preliminary Injunction (WPI) from the Court of Appeals to cease operating pending resolution of a consolidated case relating the CDA registration and legitimacy of the faction.
At press time, the Daneco-CDA faction has continued to operate and collect electricity bill payments from member-consumers evidently defying the CA’s WPI even as it reportedly has not yet paid any power obligations to power suppliers, PSALM and Therma Marine Inc. (TMI) since it broke away and started trying to swallow up the mother Daneco under NEA. (Rural Urban News/Cha Monforte)

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