Tax Resources PH icon

TAX RESOURCES PH

Tax resources for Filipinos

RMC No. 131-2019: Circularizes the Republic Act No. 11358 entitled “An Act Establishing a National Vision Screening Program for Kindergarten Pupils and Appropriating Funds Therefor”

Files
Download this file

Summary

RMC No. 131-2019, issued December 4, 2019, circularizes Republic Act No. 11358, An Act Establishing a National Vision Screening Program (NVSP) for Kindergarten Pupils and Appropriating Funds Therefor.

CollapseExpand

Key points

  1. Donor’s tax exemption. Grants, bequests, endowments, donations and contributions to the DepEd, DOH or the Philippine Eye Research Institute (PERI) for the NVSP and the Vision Screening Continuing Research (VSCR) Fund are exempt from Donor’s Tax. They must be used actually, directly and exclusively by those bodies for those purposes.
  2. Deduction for donors. These gifts are allowed as a deduction from the donor’s gross income when computing taxable income under the National Internal Revenue Code of 1997, as amended.

Who is affected

  • Donors to the DepEd, DOH or PERI for the NVSP and VSCR Fund

Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.

Copies of BIR issuances are hosted here for reference. For the official version, check bir.gov.ph. Summaries by Tax Resources PH are not a substitute for the full text or professional advice.