Senator Win Gatchalian hailed the signing of a law that would grant tax relief to private schools, a move that the lawmaker said would help them stay afloat amid the devastating effects of the COVID-19 pandemic. Republic Act No. 11635, which President Rodrigo Duterte signed into law on December 10, 2021, further amends Section 27 […]
Tag: tax relief
Clarifying an otherwise ambiguous provision in the country’s tax code on private educational institutions will serve as a lifeline for thousands of schools forced to shutter or reduce operations at the height of the COVID-19 pandemic, according to Senator Joel Villanueva. In sponsoring Senate Bill No. 2407, Villanueva said the measure sought to ease the […]