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Tax deductions offered for donations to 6 priority government programs

Published Feb 23, 2025 10:26 pm

The government is offering tax deductions to private donors supporting six priority programs in this year's list of the state planning agency National Economic and Development Authority (NEDA).

Earlier this month, NEDA came out with the 2025 National Priority Plan (NPP), which listed down key initiatives in the sectors of culture, economic development, education, health, human settlements, science, sports, and youth development.

Among the six prioritized projects are five under attached agencies of the Department of Science and Technology (DOST), including Philippine Science High School System's (PSHS) Research and Development Science Laboratories (RDSL), Science Education Institute's (SEI) Access to Resources and Innovations in Science Education (ARISE): 21st Century Learning Environment Model, and Technology Application and Promotion Institute's (TAPI) Invent School Program (ISP).

Also, two programs under the DOST's Science and Technology Information Institute (STII) are part of the 2025 NPP: Science and Technology Academic Research-Based Openly Operated KioskS (STARBOOKS), and Continuing Operation and Broadcast of the DOST's Science and Technology Channel (DOSTv).

The Department of Education's (DepEd) Adopt-a-School Program (ASP) is also part of this year's NPP.

Last year's NPP was comprised of 19 government projects.

Every year, the government seeks donations from the private sector for the annual NPP, so it could reallocate public funds to other development initiatives.

Under the Tax Code, corporate and individual donors contributing to any activity, program, or project included in the NPP can fully deduct their monetary donations from their taxable income for the year the donation is made.

Donors can claim these deductions when filing their annual income tax returns (ITRs) in the following year.

To qualify, NEDA issues a certification of inclusion in the NPP, allowing donors to avail of this tax incentive.

Related Tags

tax perks National Economic and Development Authority (NEDA) Tax incentives
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