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Senator Risa Hontiveros has called on the Bureau of Internal Revenue (BIR) to revoke the 25% corporate income tax hike imposed on private schools. Hontiveros said this move is “anti-students” as this may only displace more students when private schools are forced to close due to increased economic pressure brought by the pandemic. “Hindi naman […]
As more senators sign as co-sponsor of the bill explicitly declaring that private schools are exempt from the 25 % corporate income tax, its author, Senator Sonny Angara, predicts its approval by an overwhelming majority in the Senate. “How can you not support a measure that is fair and just, and corrects an injustice to […]
Senator Win Gatchalian is urging the Bureau of Internal Revenue (BIR) to suspend the imposition of a 25 percent corporate income tax on private schools, warning that the added burden on struggling institutions amid the COVID-19 pandemic could lead to more school closures, job losses, and a more restricted access to education. For the chair […]
Senator Nancy Binay made an appeal to the Bureau of Internal Revenue (BIR) to withdraw Revenue Regulation (RR) No. 5-2021 which would impose a 150% increase to the income tax of private schools. “Marami na nga sa ating mga private school ang nagsara na dahil sa pandemya. Kung ipapatupad ang revenue regulation na ito, siguradong […]
A measure seeking to clarify the latest Bureau of Internal Revenue (BIR) regulation imposing 25 percent corporate income tax on private schools has been filed at the House of Representatives. Deputy Speaker Rufus Rodriguez filed House Bill 9577, which seeks to correct an erroneous interpretation of the tax imposed on proprietary educational institutions under the […]
Senator Joel Villanueva called on the Bureau of Internal Revenue to recall Revenue Regulation 5-2021 (RR 5-2021) that imposes a tax rate of 25% on private schools – a big jump from the previous 10% – because it is was based on an erroneous interpretation of a newly enacted law. The BIR, in releasing RR […]
Agusan del Norte Rep. Lawrence Fortun appealed to all private schools not to hike tuition and other fees for 2021 until 2022. Fortun said Congress is working with CHED and DepEd to aid distressed private schools to prevent fee hikes. “We proved this with the pandemic tax rates, which the small non-profit proprietary school can […]
Senator Win Gatchalian raised the urgency of giving government aid to struggling private schools as enrollment in these institutions sharply drop amid the coronavirus pandemic. Out of 20,220,507 learners enrolled nationwide as of July 15, only 1,050,437 are enrolled in private schools. Last year some 4 million students were enrolled in private schools. The Department […]