Following the renewal of UPERDFI’s PCNC Certificate of Accreditation, the Bureau of Internal Revenue has issued the Certificate of Donee Institution of the Foundation. With the donee status, donations above PhP 50,000 are exempted from donor’s tax and are 100% deductible from the taxable income of the donor.
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Message from UPERDFI President Angelito D. Bermudo
This infographic is mostly directionally correct, but it mixes verified facts, projections, and interpretive conclusions without clearly distinguishing between them. Be that as it may, let’s zero in at the 1.7 TFR and ask ourselves Read more…