To avert the collapse of many learning institutions in the face of a looming substantial increase in taxes, the country’s largest associations of private schools on Monday, Aug. 9, called for a “timely” intervention coming from the Senate. (Photo from Unsplash) Private school groups, led by...
While it supports education and learning continuity amid the pandemic, a council urged the government to allow quality education to thrive by supporting the private education system. (Photo from Unsplash) “Education indeed should not only continue. For us, quality education must thrive,” said...
Private schools that have been hard-hit by the economic impact of the coronavirus disease (COVID-19) pandemic received support from business groups as they now face a 150-percent increase in income tax rate. (Pixabay) The Coordinating Council of Private Educational Associations (COCOPEA), in a...
Senate Minority Leader Franklin Drilon on Wednesday proposed that another resolution be crafted to complement the approval of a Senate bill that seeks to amend tax regulations governing private schools and institutions. Drilon, during the Senate Ways and Means Committee hearing on Senate Bill No....
The Department of Education (DepEd) on Friday, June 25, announced that private schools and non-DepEd public schools are allowed to start their respective school openings as soon as they are ready - provided that there will be no face-to-face classes. DepEd allows private, non-DepEd public schools...
A group of private schools said the new tax hike policy of the Bureau of Internet Revenue (BIR) will cause "irreparable" damage to private schools, stakeholders, and local communities. (Unsplash) "The new tax rates will burden the schools during this period while we are fighting for survival and...
The new tax hike policy Bureau of Internal Revenue (BIR) continues to threaten the private educational system, the Coordinating Council of Private Educational Associations (COCOPEA) on Tuesday, June 22, said. (ALI VICOY / MANILA BULLETIN) In a statement, COCOPEA said that the Revenue Memorandum...
A group asked the Department of Education (DepEd) on Tuesday, June 15, to show compassion to over 1,000 teachers who are about to “lose their jobs” when their teaching licenses expire. (JOJO RINOZA / FILE PHOTO / MANILA BULLETIN) ACT-Private Schools, a nationwide organization of academic and...
It seems that Malacañang is unlikely to reverse a Bureau of Internal Revenue (BIR) rule imposing higher corporate income tax on private schools in the country for now. President Rodrigo Duterte (File photo/Malacañang) Presidential Spokesman Harry Roque declared Thursday that the Palace supports...
Senate Majority Leader Juan Miguel Zubiri on Monday, June 7, expressed support for the passage of the bill seeks to correct the Bureau of Internal Revenue's (BIR) supposed misinterpretation of the law modifying taxes imposed on private educational institutions. Senate Majority Leader Juan Miguel...
Deputy House Speaker Representative Rufus Rodriguez is pushing for a bill that would clarify an existing provision on tax perks granted to educational institutions under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) law which the Bureau of Internal Revenue (BIR) allegedly...
Senator Nancy Binay on Sunday urged the Bureau of Internal Revenue (BIR) to “have a heart” and spare private schools from a 150 percent increase in income tax. Binay said the BIR should withdraw its Revenue Regulation No. 5-2021 which seeks to impose higher income tax on so-called proprietary...
