Lazada Philippines aff_i?offer_id=3127&file_id=94990&aff_id=150634 - TRAIN Law Effects on Dependents - Philippine Government

normal_post - TRAIN Law Effects on Dependents - Philippine Government Author Topic: TRAIN Law Effects on Dependents  (Read 380 times)

  • Webmaster
  • *****
  • avatar_1382_1499847132 - TRAIN Law Effects on Dependents - Philippine Government
  • Posts: 22847
  • medal1 - TRAIN Law Effects on Dependents - Philippine Governmentmedal2 - TRAIN Law Effects on Dependents - Philippine Governmentmedal3 - TRAIN Law Effects on Dependents - Philippine Government
  • NEED A WEBSITE? 09206301130 |
    • Share Post
xx - TRAIN Law Effects on Dependents - Philippine Government
TRAIN Law Effects on Dependents
« on: January 12, 2018, 11:00:23 AM »
KABAYAN Party-list
Assistant Majority Leader

Sa ilalim ng income tax law na applicable pa rin sa pag-file ng 2017 income tax returns (sa April 16, 2018 deadline), apat lang na qualified dependents ang pinapayagan, kasama na po diyan ang mga Persons with Disabilities (PWDs).

Pero sa ilalim ng bagong TRAIN law, sa halip na P100,000 lamang para sa 4 na dependents, exemption na katumbas para sa 10 dependents (P250,000 divided by P25,000 = 10) ang ibinibigay!

Ayon sa RA 9442 (MAGNA CARTA FOR DISABLED PERSONS, AND FOR OTHER PURPOSES), itinuturing na qualified dependents para sa income tax additional exemption ang PWDs:

“SEC. 33. Incentives. – Those caring for and living with a person with disability shall be granted the following incentives:

(a) Persons with disability shall be treated as dependents under the Section 35 (A) of the National Internal Revenue Code, as amended and as such, individual taxpayers caring for them shall be accorded the privileges granted by the code insofar as having dependents under the same section are concerned;"

Ayon sa RA 9504 (TAX EXEMPTION OF MINIMUM WAGE EARNERS AND INCREASING PERSONAL/ADDITIONAL EXEMPTIONS / CHANGE IN Optional Standard Deduction), hanggang apat lamang na qualified dependents ang maaari ma-claim ng isang income tax payer:   

“SEC. 35. Allowance of Personal Exemption for Individual Taxpayer.

“(A) In General. — For purposes of determining the tax provided in Section 24(A) of this Title, there shall be allowed a basic personal exemption amounting to Fifty thousand pesos (P50,000) for each individual taxpayer.

“In the case of married individuals where only one of the spouses is deriving gross income, only such spouse shall be allowed the personal exemption.

“(B) Additional Exemption for Dependents. — There shall be allowed an additional exemption of Twenty-five thousand pesos (P25,000) for each dependent not exceeding four (4).

“The additional exemption for dependents shall be claimed by only one of the spouses in the case of married individuals.

“In the case of legally separated spouses, additional exemptions may be claimed only by the spouse who has custody of the child or children: Provided, That the total amount of additional exemptions that may be claimed by both shall not exceed the maximum additional exemptions herein allowed.

“For purposes of this Subsection, a ‘dependent’ means a legitimate, illegitimate or legally adopted child chiefly dependent upon and living with the taxpayer if such dependent is not more than twenty-one (21) years of age, unmarried and not gainfully employed or if such dependent, regardless of age, is incapable of self-support because of mental or physical defect."

“Inclusive” at makatwiran po ang pagkakakamada ng Kongreso sa income tax exemptions sa TRAIN. Dahil sa TRAIN, makakaramdam ng ginhawa mga kabilang sa uring mahihirap at middle-class maging ang mga may kapansanan at kanilang pamilya. (WAKAS)

Book your place/hotel/apt to stay on your next travel at

Romans 10:9-10
"If you declare with your mouth, Jesus is Lord, and believe in your heart that God raised him from the dead, you will be saved. For it is with your heart that you believe and are justified, and it is with your mouth that you profess your faith and are saved."

personal015320100 - TRAIN Law Effects on Dependents - Philippine Government

pCloud Premium

Share via facebook Share via linkedin Share via pinterest Share via tumblr Share via twitter

Effects of TRAIN Tax Reform Law

Started by on Philippine Government

0 Replies
Last post January 12, 2018, 10:54:24 AM

Latest Topics

Even If the Worst Thing Happens by
[Today at 04:53:32 AM]

Form cheaply vigra no prescription by HozardRoorb
[Yesterday at 03:30:04 AM]

PNP Hiring by
[October 14, 2018, 05:37:25 PM]

Wannabes and charlatans on the march by islander
[October 14, 2018, 01:01:51 PM]

Fashion vs No Choice by islander
[October 14, 2018, 06:03:26 AM]

Ang makapahinuklog nga kinabuhi sa usa ka bugtong anak nga lalaki by islander
[October 14, 2018, 05:57:25 AM]

Asa ang hustisya? by
[October 13, 2018, 10:43:22 AM]

Please help me understand by islander
[October 12, 2018, 03:38:28 PM]

Avoid the 12 Dangers of Christmas by
[October 09, 2018, 03:01:31 PM]

The day after Duterte by islander
[October 09, 2018, 01:18:08 PM]

SMF spam blocked by CleanTalk
pCloud Premium
Powered by SMFPacks SEO Pro Mod | Sitemap
Mobile View
SimplePortal 2.3.7 © 2008-2018, SimplePortal