Reversion of Rates of Percentage Tax, Minimum Corporate Income Tax, and Regular Corporate Income Tax on Proprietary Educational Institutions and Not for Profit Hospitals, Pursuant to Republic Act No. 11534, Otherwise Known as the “Corporate Recovery and Tax Incentives for Enterprise Act”
R.A. No. 11976 – EASE OF PAYING TAXES ACT
The new law introduces administrative tax reforms and amendments to several sections of the National Internal Revenue Code of 1997.