BIR clarifies education tax perks

THE BUREAU of Internal Revenue (BIR) clarifies provisions for tax exemption and incentives for private sector partnerships in education. “With the issuance of Revenue Memorandum Circular (RMC) No. 23-2026, we are making it simpler and faster for the private sector to access the tax incentives they earn by supporting Philippine education,” said BIR Commissioner Charlito []