Monday, December 22, 2014

Tax notes: Documentation for deductibility of donations

DONORS to qualified donee institutions duly accredited by the Philippine Council for Non-Government Organizations Certification, Inc. (PCNC) are exempt from donor’s tax provided they comply with certain conditions. In addition, donors may avail of full deduction of their donation to these accredited institutions. http://ift.tt/1Cpzm8A

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