Section 14Sec./Art. 14

Tax Exemption. Any donation, contribution, bequest or grant which may be made to a rural farm school duly accredited under Section 12 of this Act shall be exempt from the donors tax and the same shall be considered as allowable deduction from the gross income in the computation of the income tax of the donor in accordance with the provisions of the National Internal Revenue Code (NIRC) of 1997, as amended: Provided, That the rural farm school has likewise been accredited by the Philippine Council for NGO Certification (PCNC).