HB 2792
House·20th Congress·Filed Jul 31, 2025
An Act Exempting Incentives, Rewards, Bonuses and Other Forms of Emoluments Received by National Athletes and Coaches from Taxes, Amending for the Purpose Republic Act No. 10699, Otherwise Known as the “national Athletes and Coaches Benefits and Incentives Að¡t"
In plain language
The bill would remove all national and local taxes on the rewards, bonuses and other payments that Filipino athletes and their coaches receive when they compete or win in international competitions, and it would let donors of training‑related contributions deduct those gifts from their taxable income.
TaxationPublic Order and SafetySocial Welfare
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
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Official sources
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HB02792 · Sources: BetterGov Open Congress, BatasWatch