RA 10754 which was enacted on March 23, 2016 entitles the persons with disability (PWDs) to at least twenty percent (20%) discount and exemption from the VAT, if applicable, on the following sale of goods and services for the exclusive use and enjoyment or availment of the PWD (medicines; professional and medical and dental fees; transport fares; services in hotels, restaurants and recreation centers; admission fees in theaters and other places of leisure; and funeral and burial services for the death of PWDs).
Further, PWD, who are within the fourth civil degree of consanguinity or affinity to the taxpayer, regardless of age, who are not gainfully employed and chiefly dependent upon the taxpayer, shall be treated as dependents under Section 35 (b) of the NIRC, as amended.
+++++++++++++++++++++++++++++++++++++++++
MARKET ISSUES
[last partial update : 02/28/2018] Macro and Overseas (a) US interest rate : 1.25 ~ 1.5%, May increase 3 times in 2018 (b) US 10 yr bond...
-
1. Other Businessmen Business Summary AMA Institute of Computer Studies (AMA) It has around 200 campuses...
-
There was a fraud case where some group of people tried to sell forestland under Certificates of Stewardship Contracts (CSCs) by means of ...
-
PCC is formed to implement RA 10667 as a quasi-judicial body. I think almost all countries have this kind of authority. Since it's forme...
-
This posting may contain out of date contents. For the updated or exact information, you should check edge.pse.com.ph or their official webs...
-
1. What is a condominium? The law defined a condominium as an “interest in a real property consisting of a separate interest in a unit in a ...
-
It's a listed company but the trading is suspended as of Jan 2018. 1. Company Information Company Name ...
-
Philippine Amusement and Gaming Corporation (PAGCOR) is a 100 percent government-owned and controlled corporation under the Office of the ...