Summary
RMC No. 38-2012 provides questions and answers that further clarify RR No. 7-2010, as amended by RR No. 8-2010, which implements the tax privileges under RA No. 9994, the Expanded Senior Citizens Act of 2010.
Key points
- Questions and answers. The Circular clarifies the provisions of RR No. 7-2010, as amended by RR No. 8-2010, on the tax privileges under RA No. 9994.
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.
