Kamara, inaprubahan ang pagbibigay ng tax exemption sa donasyon sa mga atletang sasabak sa international events
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00:00One good news for our athletes is that the House Committee on Ways and Means approved a tax exemption on donations for athletes who compete in international sports competitions.
00:16The House Bill 421 was approved just one day after two gold medals were awarded to the Philippine gymnast Carlos Yulo.
00:25Alpine Representative Joey Salceda explained that one of the benefits of this tax exemption is that it is important for our athletes to have sufficient funds for their training.
00:37In addition, it should not only be given to successful athletes, but their preparation should also be considered.
00:46Under the bill, donations for athletes' training should be exempted for at least one year before the competition.