Tax Incentives for Establishments Granting Sales Discount and Prescribing the Guidelines for the Availment Thereof of PWD

Revenue Regulations (RR) No. 9-2019 refers to the amendments of Sections 2, 3 and 7 of RR No. 05-2017, Relative to Rules and Regulations Implementing Republic Act No. 10754, entitled "An Act Expanding the Benefits and Privileges of Persons with Disability and Tax Incentives for Establishments Granting Sales Discount, and Prescribing the Guidelines for the Availment Thereof. Amending RR No. 1-2009.

Section 3 of RR No. 5-2017 include a new paragraph to read as follows:

"SECTION 3. SALES DISCOUNTS WHICH MAY BE CLAIMED BY QUALIFIED PERSONS WITH DISABILITY (PWD)

XXX     XXX     XXX

All other goods and services sold by the foregoing establishments not included in the above enumeration expressly provided law shall not be considered for the 20% discount privilege notwithstanding that the same are for the exclusive use and enjoyment of the PWD. However,  every PWD shall enjoy a special discount of five percent (5%) of the regular retail price, without exemption from the value-added tax (VAT), of basic necessities and prime commodities enumerated under Sec. 2 (2.*) and (2.9) hereof. The total amount of said purchase shall not exceed the amount of One Thousand Three Hundred Pesos (Php1,300.00) per calendar week without carry-over of the unused amount. Provided, that said amount shall be spent on basic necessities an prime commodities commensurate to his personal exclusive consumption and or enjoyment within the calendar week. Provided, further that said amount shall be spent on at least four kinds of items listed as basic necessities  and prime commodities.

Section 7.1 of Section 7 of RR No. 5-2017, is hereby amended to be read as follows:

"SECTION 7. EXEMPTION FROM VALUE-ADDED  TAX (VAT) ON SALES OF GOODS OR SERVICES TO QUALIFIED PERSONS WITH DISABILITY.

7.1 Sale of any goods and services under Section 3 of these Regulations to PWD, except sale of basic
necessities and prime commodities enumerated under Sec. 2 (2.8) and (2.9) hereof, shall be exempt from the value-added tax.  xxx     xxx      xxx

Please https://www.bir.gov.ph/images/bir_files/internal_communications_1/Full%20Text%20RR%202019/RR%20No%209-2019.pdf of the full text of RR No. 9-2019.

Rules and Regulations Implementing the Tax Incentives Available to Tourism Enterprises Duly Registered with the Tourism Enterprises

The bureau recently issued Revenue Regulations (RR) No. 7-2016 dated November 15, 2016 implementing the Tax Incentives Available to Tourism Enterprises Duly Registered with the Tourism Infrastructure and Enterprise Zone Authority (TIEZA) under Republic Act No. 9593 otherwise known as the Tourism Act of 2009.

In the regulations, it also stated the Terms,  Fiscal Incentives of Tourism Enterprises Within TEs, Fiscal Incentives of Tourism Enterprises outside TEZs, Availment of Tax Incentives, Withholding Taxes, TEZs not Treated as Separate Customs Territories, Maintenance of Separate Books of Account for each TIEZA-registered Activity, Compliance with RA No. 10708, No Double Availment of Incentives Schemes, Period of Availment and Payment of Back Taxes.

These regulations shall take effect after fifteen (15) days following publication in the Official Gazette or a newspaper of general circulation, whichever comes first.

Please refer http://www.bir.gov.ph/images/bir_files/internal_communications_1/Full%20Text%20RR%202016/RR%20No.%207-2016.pdf of the full text of RR No. 7-2016.