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TAX RELIEF LAW FOR PRIVATE SCHOOLS INKED

Senator Sonny Angara lauded the enactment of the law clarifying the preferential tax treatment granted to private schools, saying this will save many struggling schools from closing down permanently. Republic Act 11635 amends Section 27(B) of the National Internal Revenue Code of 1997 and was signed on December 10, 2021 by President Rodrigo Duterte. “It […]