Bill Type
Congress Name
Long Title
AN ACT ALLOWING TUITION FEES PAID FOR THE EDUCATION OF CHILDREN DEDUCTIBLE FROM GROSS INCOME OF INDIVIDUAL TAXPAYERS
Date filed
September 1, 1998
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB03125 | |
| FULL TITLE : AN ACT ALLOWING TUITION FEES PAID FOR THE EDUCATION OF CHILDREN DEDUCTIBLE FROM GROSS INCOME OF INDIVIDUAL TAXPAYERS | |
| ABSTRACT : The Filipino individual taxpayer is allowed a DEDUCTION in his gross income of FIFTY PERCENT (50%) of the total amount paid for matriculation fees of his children. Prescribes, however, certain conditions for the deduction. | |
| PRINCIPAL AUTHOR/S : HERRERA, ERNESTO F. | |
| DATE FILED : 1998-09-01 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS : | |
| 1. | 2. |
| 3. | 4. |
| 5. | 6. |
| 7. | |
| ADMINISTRATION BILL? No | |
| URGENT BILL? No | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON BASIC EDUCATION ON 1998-09-28 | |
| SECONDARILY REFERRED TO THE COMMITTEE(S) ON HIGHER AND TECHNICAL EDUCATION, WAYS AND MEANS |
Abstract
The Filipino individual taxpayer is allowed a DEDUCTION in his gross income of FIFTY PERCENT (50%) of the total amount paid for matriculation fees of his children. Prescribes, however, certain conditions for the deduction.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.