Republic Acts1 min read
Section 23Sec./Art. 23
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Incentives to Agencies. Agencies shall be entitled to the following tax incentives:
(a) Exemption from Income Tax. Agencies shall be exempt from income tax on the income derived by it as such organization pursuant to Section 30 of the NIRC of 1997, as implemented by Revenue Regulation (RR) No. 13-98; and
(b) Qualification as a Donee Institution. Agencies can also apply for qualification as a donee institution.
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