Close  

Implement tax exemption for PWDs first before repealing it–Angara

By: - Reporter / @MAgerINQ
/ 05:09 PM October 25, 2016
senator angara

Sen. Sonny Angara. PRIB/ROMEO BUGANTE

The government should first implement the law and grant tax exemption to people with disabilities (PWDs) before even thinking of repealing it, Sen. Juan Edgardo “Sonny” Angara said on Tuesday.

Angara noted that until now, the Department of Social Welfare and Development (DSWD) had not issued the implementing rules and regulations (IRRs) of Republic Act No. 10754, which exempts PWDs from VAT.

ADVERTISEMENT

The measure, he said, was signed into law last March, and its IRRs should have long been issued by the DSWD.

“I’d like to see the law implemented first before we even consider its removal,” Angara told reporters after the hearing of the Senate committee on ways and means, which he chairs, on the proposed tax reform package of the Department of Finance (DOF).

The DOF is proposing, among others, to lift the exemption on PWDs, which is estimated to cost at P1 billion.

READ: DOF tax package to remove VAT exemptions on elderly, PWDs

But Angara noted that there were only about 50,000 PWD card holders, who would benefit from the tax exemption.

“So iilan lang talaga at saka ’yun lang talaga ’yung mga nangangailangan so ayaw natin na kumbaga sila pa ’yung inuna na tanggalan ng benepisyo,” he said.

Another proposal of the DOF is to lift the VAT exemption on senior citizens, except for their medicines.

Angara said they had yet to study the proposal, adding that “we will not support something that the sector does not support.”

The senator also described as “too ambitious” the list of exemptions that the government wanted lifted to offset the expected foregone revenues from the proposed lowering of income taxes.

RELATED STORIES

ADVERTISEMENT

Lifting of PWD, senior tax exemption opposed

Solons warn DOF tax reform package to pass on burden to consumers

DOF plans massive tax amnesty programs

Read Next
LATEST STORIES
MOST READ
Don't miss out on the latest news and information.
View comments

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: Department of Finance, Income Tax, People with Disabilities, PWDs, Republic Act No. 10754, Sonny Angara, Tax Exemption, Taxes, VAT
For feedback, complaints, or inquiries, contact us.


© Copyright 1997-2019 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.