Summary
RR No. 13-98 implements Republic Act No. 8424, An Act Amending the National Internal Revenue Code as amended, specifically Section 34 (H) on contributions or gifts to accredited donee institutions.
Key points
- Subject matter. It covers the deductibility of contributions or gifts actually paid or made to accredited donee institutions in computing taxable income.
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.