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    Cliff Daquioag
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    This 3 sentence regulation summary provides the key details from the document. The regulation prescribes rules to implement amendments to the National Internal Revenue Code related to deducting contributions or gifts actually paid or made to accredited donee institutions when computing taxable income. It outlines how Section 34 (H) of Republic Act No. 8424 is amended to allow these deductions for contributions to qualified non-profit organizations.

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    This 3 sentence regulation summary provides the key details from the document. The regulation prescribes rules to implement amendments to the National Internal Revenue Code related to deducting contributions or gifts actually paid or made to accredited donee institutions when computing taxable income. It outlines how Section 34 (H) of Republic Act No. 8424 is amended to allow these deductions for contributions to qualified non-profit organizations.

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    20 visualizzazioni1 pagina

    rr98 13 PDF

    Caricato da

    Cliff Daquioag
    This 3 sentence regulation summary provides the key details from the document. The regulation prescribes rules to implement amendments to the National Internal Revenue Code related to deducting contributions or gifts actually paid or made to accredited donee institutions when computing taxable income. It outlines how Section 34 (H) of Republic Act No. 8424 is amended to allow these deductions for contributions to qualified non-profit organizations.

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    di 1

    REVENUE REGULATIONS NO.

    13-98 issued December 14, 1998 prescribes the regulations to implement


    Republic Act No. 8424 entitled "An Act Amending the National Internal Revenue Code as amended",
    specifically Section 34 (H) relative to the deductibility of contributions or gifts actually paid or made to
    accredited donee institutions in computing taxable income.

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