(Eagle News) — The Department of Finance (DOF) has exempted from donor’s taxes and VAT all kinds of donations – cash, equipment, and relief goods – related to the COVID-19 crisis in the country. It issued Revenue Regulations (RR) No. 9-2020 on the tax benefits of donations made for the purpose of battling COVID-19 pursuant to Republic Act (RA) No. 11469 or the “Bayanihan to Heal as One Act.” The regulation “provides that donations […]