Monday, 26 February 2018
Sort Updates

Tax & Revenue

Donations to eye screening for Kinders to be Tax-Free

Date: 10 November 2017; Type: Legal News; Source: Philippine News Agency

The House committee on ways and means chaired by Rep. Dakila Carlo Cua (Lone District, Quirino) has approved a provision of a bill on eye screening for kindergarten pupils that exempts from tax donations to the program.

Donations for the National Vision Screening Program (NVSP) and the Vision Screening Continuing Research (VSCR) Fund coursed through the Department of Education (DepEd), Department of Health (DOH) or Philippine Eye Research Institute (PERI) shall also be considered allowable deduction from the gross income of the donor under House Bill 3222 establishing the NVSP for kindergarten pupils.

HB 3222, authored by Deputy Speaker Pia Cayetano, is the consolidated version with HB 1387 filed by Rep. Alfred Vargas III (5th District, Quezon City) and HB 2822 by Rep. Estrellita Suansing (1st District, Nueva Ecija). The bill mandates public schools to screen eye vision of kindergarten pupils.

Cayetano said many eye disorders and ailments can be detected and resolved at an early stage so they don't lead to blindness. She also said that poor vision early in life affects the child’s performance in school, or the way they interact with the community.

“Because children cannot, by themselves, identify that they have eye problems, studies recommend that vision screening should ideally be conducted for children starting at age three,” Cayetano said.

Normal eye alignment during infancy and childhood is also important, according to Cayetano.

Cayetano said vision screening is cost-effective since there are minimal requirements for the tests, such as penlights or charts made specifically for vision screening.

HB 3222 provides that the DepEd implement the NSVP in coordination with the DOH, with the funds to be included in the two agencies’ budgets in the General Appropriations Act.

HB 3222 also provides that the Philippine Health Insurance Corporation develop a benefit package for the consultation and treatment of eye diseases of children, while PERI will train vision screening trainers.

Representatives of the Department of Finance and the National Tax Research Center expressed support for the bill during the committee's hearing presided by Cua.

Notice: The Publishers of Asean LIP acknowledge the permission granted by the relevant official/ original source for the reproduction of the above/ attached materials. You shall not reproduce the above/ attached materials in whole or in part without the prior written consent of the Publishers and/or the original/ official source. Neither the Publishers nor the official/ original source will be liable for any loss, injury, claim, liability, or damage caused directly, indirectly or incidentally to errors in or omissions from the above/ attached materials. The Publishers and the official/ original source also disclaim and exclude all liabilities in respect of anything done or omitted to be done in reliance upon the whole or any part of the above/attached materials. The access to, and the use of, Asean LIP and contents herein are subject to the Terms of Use.

Get ASEAN LAW ALERT

Legal updates by e-mail. It's Free.

Industry Updates

DDG Pascua represents IPOPHL at HIPOC and WIPO High-Level Forum

Tokyo, Japan. Deputy Director General Teodoro C. Pascua presented the developments in the intellectual property system and the Intellectual Property Office of the Philippines (IPOPHL) in response to global trends. DDG Pascua represented Director General Josephine R. Santiago and the IPOPHL at the Heads of Intellectual Property Office Conference (HIPOC) and the World Intellectual Property Organization (WIPO) High-Level Forum 2018 held on February 19-23 in Tokyo, Japan. The HIPOC and the High Level Forum were co-organized by the World Intellectual Property Organization (WIPO) and the Japan Patent Office (JPO).

More Updates Read More

Industry Updates

NLA approves 14 Administrative Court judges

BANGKOK, 23 February 2018 (NNT) - The National Legislative Assembly (NLA) approved the proposed nominees for 14 Administrative Court judges.

More Updates Read More

Industry Updates

IBP creates Task Force to probe Attacks Vs Lawyers

MANILA, Feb 24 (PNA) - After the attack on the lawyer of a self-confessed drug lord and the recent ambush of lawyer in Quezon City, the Integrated Bar of the Philippines (IBP) has created a task force to investigate and prosecute those behind the killings of lawyers.

More Updates Read More

Industry Updates

President nominates Warjiyo as Central Bank Governor

Jakarta (ANTARA News) - President Joko Widodo (Jokowi) has proposed Perry Warjiyo as the sole candidate of Bank Indonesia (BI/the central bank) governor for 2018-2023 period, a legislator said.

More Updates Read More

Industry Updates

Cabinet reorganizes funding for Economic and Public Service Enhancement

BANGKOK, Feb 21 (NNT) - Thailand's Cabinet has resolved to increase the efficiency of public services by taking out a loan of 800 million baht while also approving over 5 billion baht to strengthen the domestic economy.

More Updates Read More

Industry Updates

DTI updates MSMES on PH’s Free Trade Pact

TAGAYTAY CITY, Cavite, Feb 21 (PNA) - The Department of Trade and Industry (DTI) is boosting its Free Trade Arrangements (FTAs) with the Regional Comprehensive Economic Partnership (RCEPT) ASEAN plus 6, PH-EU (27 countries) and Asia Pacific (APEC’s 21 member economies).

More Updates Read More

Industry Updates

Start-ups, SMEs Call for Greater Access to Loans by Foreign Banks

Start-ups and small and medium-sized enterprises (SMEs) are now calling for equal treatment of foreign and local banks as this will give them more options to borrow money for growth.

More Updates Read More

Industry Updates

More Support for Firms to innovate and go International Companies

The government will provide more support to firms that buy solutions and for those that develop their own innovations or team up with partners, in the form of tax reliefs.

More Updates Read More

Industry Updates

Ministry of Justice launches Mobile Campaign to promote Knowledge of Laws

AYUTTHAYA, Feb 20 (NNT) - The Ministry of Justice has launched a mobile campaign to educate people about laws and provide legal advice.

More Updates Read More

Industry Updates

DCA is now known as CAAM

PUTRAJAYA, Feb 19 (Bernama) - The Department of Civil Aviation (DCA) has been transformed into the Civil Aviation Authority of Malaysia (CAAM) effective today in line with the government's commitment to spur the nation's aviation industry to greater heights.

More Updates Read More

Industry Updates

PHL Embassy in Moscow issues Urgent Reminder: no Legal Status for Household Service Workers in Russia

MOSCOW, Feb 19 - In an advisory issued on February 13, the Philippine Embassy in Moscow reminded that “the category of household service worker is an occupation not open to Filipinos.” The Embassy issued the advisory after receiving queries from the public and media if Filipino household service workers could legally work in Russia.

More Updates Read More

Industry Updates

Monetary Authority of Singapore and the Central Bank of Egypt Bolster FinTech Cooperation

Singapore, 14 February 2018 - The Monetary Authority of Singapore (MAS) and the Central Bank of Egypt (CBE) signed an agreement to strengthen FinTech cooperation between the two countries on 6 February 2018. The Cooperation Agreement was signed at Seamless North Africa 2018 (under the patronage of the CBE), a conference focused on Payments, FinTech and eCommerce.

More Updates Read More