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...
Senator Sherwin Gatchalian on Saturday, June 5, called on the Senate to exercise its oversight function and look into the Bureau of Internal Revenue's (BIR) regulation seeking to increase the tax rate of private schools. Senator Sherwin Gatchalian during a special session in the Senate on March 23,...
The Coordinating Council for Private Educational Associations (COCOPEA) has appealed for President Duterte’s intervention to reverse a Bureau of Internal Revenue (BIR) regulation increasing their tax rate. In an open letter dated June 4, 2021 released by COCOPEA, about 600 private schools and...
Various private education stakeholders have appealed to President Duterte to intervene as they seek to reverse the provisions in the revenue regulation of the Bureau of Internal Revenue (BIR) which seeks to increase the tax rate of private schools. (PIXABAY / MANILA BULLETIN) A petition signed by...
Senators have called on the Bureau of Internal Revenue (BIR) to rescind its regulation that increasing the tax rate on schools to 25 percent. Senate President Pro Tempore Ralph Recto Senate President Pro Tempore Ralph Recto and Senator Joel Villanueva referred to the BIR's Revenue Regulation 5-2021...
The Federation of Associations of Private School and Administrators (FAPSA) sought the assistance of the Department of Education (DepEd) to mediate for the reclassification to a lower type of billing rate for private schools amid the ongoing coronavirus disease (COVID-19) situation in the country....