House panel hopes to pass tax bill for private schools by end of Q3 bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
BETTER DAYS
Last March, President Duterte enacted into law Republic Act 11534, more widely known as the Corporate Recovery and Tax Incentives for Enterprises or CREATE Act. Certified at the time as urgent by Malacañang, the law was touted as one of the government’s critical interventions to keep
Published June 7, 2021, 11:16 AM
Deputy House Speaker Representative Rufus Rodriguez is pushing for a bill that would clarify an existing provision on tax perks granted to educational institutions under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) law which the Bureau of Internal Revenue (BIR) allegedly wrongly interpreted.
The Cagayan de Oro City representative said he has filed House Bill No. 9577 in order to clarify that the preferential tax rate of 10 percent applies to all proprietary educational institutions, by amending the first sentence of Section 27 of the National Internal Revenue Code (NIRC), and do away with the imposition of a 25 percent income tax rate on private schools.
Private schools question tax hike; BIR stands firm bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Press Release
Teacher Education Excellence Act
Delivered by the Honorable Win Gatchalian, Senator of the 18th Congress:
Mr. President, distinguished colleagues, the most important factor in education is the teacher. Schools are only as good or as bad as their teachers. Even the brightest learner will not reach his or her full potential without passionate and competent teachers to lead the way. For learners struggling to catch up, the teacher is their closest and most influential lifeline.
Sabi nga nila, kahit may angking talino ang isang bata pero kung wala namang lilinang o huhubog sa kanyang kakayahan at gagabay sa kanyang pag-aaral ay hindi rin niya makakamit ang pinakamahusay na edukasyon. Iyan ang papel ng isang guro.