MANILA, Philippines—With blended learning and online classes in full swing, donors of computers and other gadgets to public schools will be rewarded with tax deductions under the Bayanihan to Recover as One Act, the Bureau of Internal Revenue (BIR) said on Thursday (Oct. 8).
Revenue Regulations (RR) No. 26-2020, signed by Finance Secretary Carlos G. Dominguez III and Internal Revenue Commissioner Caesar R. Dulay, said the tax perk under Bayanihan 2 applied to donations of personal computers, laptops, tablets, mobile phones, printers and other similar equipment to be used by teachers and students in government-run schools, including state universities and colleges (SUC) and vocational institutions under the Technical Education and Skills Development Authority (Tesda).
The tax incentive will apply to donations made during the implementation of the Bayanihan 2 Law from Sept. 15 until Dec. 19.
The BIR said donors will enjoy tax deduction from their gross income equivalent to