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Lawmakers says loan interest rates to increase by 6% if VAT exemptions on coop lifted

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House committee on cooperative development chairperson Rico Geron explains why the value-added tax exemptions on cooperatives should not be lifted under the proposed tax reform package.Follow Rappler on Social Media:Facebook - https://www.facebook.com/rapplerdotcomTwitter - https://twitter.com/rapplerdotcomInstagram - http://instagram.com/rapplerYouTube - https://www.youtube.com/rappler/?sub_...SoundCloud - https://soundcloud.com/rapplerGoogle+ - https://plus.google.com/+Rappler/Tumblr - http://rappler.tumblr.com/http://www.rappler.com/

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