The Department of Finance (DOF) has issued revenue regulations streamlining the process for claims by educational institutions of tax incentives to boost private sector investment in human capital development.
“By prioritizing education, we are accelerating not only national development, but more importantly, we are creating more opportunities to uplift the lives of every Filipino through strategic human capital investments,” Finance Secretary Ralph Recto said in a statement on Wednesday.
Revenue Regulations (RR) No. 13-2025, signed by Recto upon the recommendation of the Bureau of Internal Revenue (BIR), aims to simplify and consolidate outdated procedures that have hampered access to tax incentives granted under existing laws for education and training.
Titled “Consolidated Provisions to Simplify and Streamline the Procedures and Requirements Relative to the Availment of the Tax Exemptions and Incentives Granted to the Participating Private Entities under RA No. 8525, RA No. 12063, and the Tax Code,” the measure seeks to improve ease of doing business while encouraging investments in basic to tertiary education, technical training, and skills development.
