Republic Act No. 9994

7/25/2019 Republic Act No. 9994

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Republic Act No.

9994,Otherwise known as

thexpanded Senior Citizen Act of 201

Presented by: Atty. Falconi V. Millar

RR 7-2010


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SEC. 2. Definitions

Senior Citizen or Elderly

any Filipino citizen who is a resident of the Philippines,

Sixty (60) years old or above.

It may apply to senior citizens with dual citizenship status

provided they prove their Filipino citizenship and have at least

six (6) months residency in the !hilippines


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SEC. 2. Definitions

Resident Citizen -" Filipino #itizen with permanent$ le%al residence in the !hilippines&

and shall include one& who& havin% mi%rated to a 'orei%n country& has

returned to the !hilippines with a de'inite intention to reside therein& and

whose immi%rant visa has been surrendered to the 'orei%n %overnment.

Benefactor -e'ers to any person whether related or not to the senior citizen who

provides care or who %ives any 'orm o' assistance to him$her& and on whom

the senior citizen is dependent on 'or primary care and material support& as

certi'ied by the #ity or unicipal Social *el'are and +epartment ,''icer(#$S*+,).


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SEC. 2. Definitions

Dependent-" Senior #itizen& who may or may not be related to his$her -ene'actor

and who is livin% with and dependent upon his$her -ene'actor 'or his$her

chie' support.

Minimm !a"e Earner -" worer in the private sector who is paid the statutory minimum wa%e&

or an employee in the public sector with compensation income o' not more

than the statutory minimum wa%e in the non/a%ricultural sector where he$she

is assi%ned

#SC$ -he ,''ice 'or Senior #itizens "''airs o' cities and municipalities& which

is headed by a Senior #itizen who shall serve 'or a term o' three (1) years.


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SEC. %. &ncome 'a( of Senior Citizens.

2enerally& 3uali'ied Senior #itizens derivin% returnable income durin%

the taxable year& whether from compensation or otherwise,are re3uired to

'ile their income tax returns and pay the tax as they 'ile the return.

4owever& i' the returnable income o' a Senior #itizen is in the nature o'

compensation income but he 3uali'ies as a minimum wage earner under

" 5o. 708& he shall be exempt from income tax on the saidcompensation income sub9ect to the rules provided under evenue

e%ulations 5o. :0/;00< applicable to minimum wa%e earners&

=iewise& i' the a%%re%ate amount o' %ross income earned by the Senior

#itizen durin% the taxable year does not exceed the amount of hispersonal exemptions (basic and additional), he shall be exempt

from income tax and shall not be required to file an income tax

return.

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)ence* +e can still ne lia,le for ot+er ta(es sc+ as

:. he 20% final withholding tax on interest income 'rom anycurrency ban deposit

;. he 7.% final withholding tax on interest income 'rom adepository ban under the expanded 'orei%n currency deposit system

(Sec.;8(-)(:)& ax #ode.

1. I' the Senior #itizen will pre/terminate his 7/year lon%/term deposit or

investment

Four years to less than 'ive years / 7> hree years to less than 'our years / :;>?and

=ess than three years / ;0>


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)ence* +e can still ne lia,le for ot+er ta(es sc+ as

8. he !0% final withholding tax " ,n cash and$or property dividends

actually or constructively received 'rom a domestic corporation or 'rom a 9ointstoc company& insurance or mutual 'und company and a re%ional operatin%

head3uarters o' a multinational company? or ,n the share o' an individual in

the distributable net income a'ter tax o' a partnership (except a general professional

partnership) o' which he is a partner? or ,n the share o' an individual in the net

income a'ter tax o' an association& a 9oint account& or a 9oint venture orconsortium taxable as a corporation o' which he is a member or a co/venturer(Sec. 18(-)(;)& ax #ode.)

7. #apital gains tax 'rom sales o' shares o' stoc not traded in the stocexchan%e (Sec. ;8(#)& ax #ode)? and

6. he !0% final withholding tax on presumed capital %ains 'rom saleo' real property& classi'ied as capital asset& except capital %ains presumed to

have been realized 'rom the sale or disposition o' principal residence (Sec.;8(+)&ax #ode.)


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SEC. . /rant of Disconts to Senior Citizens 20

:. $edicines& includin% in'luenza and pnuemococcal vaccines& and such

other essential medical supplies& accessories and e3uipment to be determinedby the +,4.

,n all dru% stores& hospital pharmacies& medical and optical clinics and similar

establishments dispensin% medicines& the discount 'or sales o' dru%s$medicines shall be sub9ect to

the 2uidelines to be issued by the -F"+/+,4& in coordination with the !4I=4@"=4.

For this purpose& the term medicines shall re'er to both prescriptionand non"prescription medicines, and articles approed by the -F"+/+,4& which are intended 'or use in the dia%nosis& cure& miti%ation& treatment

or prevention o' disease in man? but do not include 'ood and devices or their

components& parts& or accessories.

;. ,n the professional fees of attending ph&sician's in all privatehospitals& medical 'acilities& outpatient clinics and home health care services&

where the discount shall be based on the compensation 'or services char%ed

'rom the Senior #itizen.


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!. n professional fees of licensed professional health worersprovidin% home health care services as endorsed by private hospitals or

employed throu%h home health care employment a%encies& where the

discount shall be based on the 'ees char%ed 'rom the Senior #itizen.+. n medical and dental serices, diagnostic and laborator& fees inall private hospitals& medical 'acilities& outpatient clinics& and home health care

services& in accordance with the rules and re%ulations to be issued by the

+,4& in coordination with the !hil4ealth.

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*$edical serices+ re'ers to hospital services& pro'essional services o'physicians and other health care pro'essionals and dia%nostic and

laboratory tests that are necessary 'or the dia%nosis or treatment o' an

illness or in9ury. *ental serices+ re'ers to oral examination& cleanin%& permanent and

temporary 'illin% extractions and %um treatments& restoration& replacementor repositionin% o' teeth& or alternation o' the alveolar or periodontium

process o' the maxilla and the mandible that re necessary 'or the dia%nosis

or treatment o' an illness or in9ury.


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*-ome health care serice+ re'ers to health or supportive careprovided to the Senior #itizen patient at home by licensed health care

pro'essionals to include but not limited to& physicians& nurses& midwives&

physical therapists and care%ivers.@. In actual fare for land transportation trael in

!ublic utility buses (!A-s)&

!ublic utility 9eepneys (!ABs)& axis&

"sian utility vehicles ("ACs)& Shuttle services and

!ublic railways& includin% =i%ht ail ransit (=)&

ass ail ransit ()& and !hilippine 5ational ailways (!5).

F. ,n actual transportation 'are 'or domestic air transport sericesand sea shipping essels and the lie& based on the actual 'are andadvanced booin%.


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2. ,n the utilization o' services in hotels and similar lod%in%

establishments& restaurants and recreation centers.

2:. For hotels and similar lod%in% establishments& the discount shall be'or room accommodation and other amenities o''ered by the

establishment& such as& but not limited to& massa%e parlor& sauna bath&

'ood& drins and other services o''ered.

For this purpose& the term hotel$hostel hall re'er to the buildin%& edi'ice

or premises or a completely independent part thereo'& which is used 'or there%ular reception& accommodation or lod%in% o' travelers and tourists& and

the provision o' services incidental thereto& 'or a 'ee.

*odging establishment shall re'er to a buildin% edi'ice& structure&

apartment or house includin% tourist inn& apartelle& motorist hotel andpension house en%a%ed in caterin%& leasin% or providin% 'acilities to

transients& tourists or travelers.


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he 'ollowin% are considered as lod%in% establishmentsD

/ourist nn1 a lod%in% establishment caterin% to transients& whichdoesnot meet the minimum re3uirement o' an economy hotel.

partelle 1 a buildin% or edi'ice containin% several independent and'urnished or semi/'urnished apartments& re%ularly leased to tourists and

travelers 'or dwellin% on a more or less lon%/term basis and o''erin% basic

services to its tenants& similar to hotels.

$otorist -otel 1 any structure with several separate units& primarilylocated alon% the hi%hways& with individual or common parin% space& atwhich motorists may obtain lod%in% and in some instance& meals.

Pension -otel 1 a private& or 'amily/operated tourist boardin% house&tourist %uest house or tourist lod%in% house& re%ularly caterin% to tourist&

and$or traveler& containin% several independent table rooms& providin%common 'acilities& such as toilets& bathrooms$showers& livin% and dinin%

rooms and$or itchen and where a combination o' board and lod%in% may

be provided.


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28. he term lod%in% establishment shall also include lod%in% houses& which

shall mean such establishments are re%ularly en%a%ed in the hotel business& but

which nevertheless& are not re%istered& classi'ied and licensed as hotels by

reason o' inade3uate essential 'acilities and services. Long termarrangement for residential purposes is not covered.

27. For restaurants& the discount shall be 'or the sale o' 'ood& drins& dessert

and other consumable items served by the establishments& includin% value

meals and promotional meals o''ered 'or the consumption o' the %eneral

public.

26. For this purpose& the term *restaurant+ shall re'er to any establishment

o''erin% to the public& re%ular and special meals or menu& 'ast 'ood& cooed

'ood and short orders. Such eatin% places may also serve co''ee& bevera%es and

drins.Food and goods sold by establishments that are not restaurantsare not covered, therefore not allowed to give the 20% discount.


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2E. For recreation centers& the discount shall be 'or the utilization o' services

in the 'rom o' 'ees& char%es and rental 'acilities& such as& but not limited to&

sports 'acilities and e3uipment.

4. ,n admission 'ees char%ed by theaters& cinema houses and concert halls&

circuses& carnivals& and other similar places o' culture& leisure and amusement&

where the discount shall be on the admission 'ees char%ed by the said

establishments?

I. ,n 'uneral and burial services 'or the death o' Senior #itizens. he

bene'iciary or any person who shall shoulder the 'uneral and burial expenses

o' the deceased Senior #itizen shall claim the discount& such asD

caset, embalmment, cremation cost and other related

serices 'or the Senior #itizen upon payment and presentation o' his deathcerti'icate?


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SEC. . Special Discont "ranted to Senior Citizensand Senior Citizens Centers.

% iscount upon concurrence o' the 'ollowin%D

:. he individual meters in the name o' the Senior #itizen

residin% therein?

;. he monthly consumption does not exceed

!00wh of electricit& and

30 m3 of water4 and

1. he privile%e is %ranted per household re%ardless o' the

number o' Senior #itizens residin% therein.


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SEC. . Special Discont "ranted to Senior Citizensand Senior Citizens Centers.

For water, electricit& and telephone& there shall be

%ranted by public utilities a discount o' at least 0%

on the consumption by a 5enior #iti6ens #enter and

residential care'group homes that are run by the2overnment or by a non/stoc& non/pro'it domestic

corporation or%anized and operated primarily 'or the

purpose o' promotin% the well/bein% o' abandoned&

ne%lected& unattached& or homeless Senior #itizens&sub9ect to the %uidelines 'ormulated by the +S*+.


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he discount that shall be %ranted to the Senior

#itizen shall be the promotional discount or the

minimum discountprescribed in this e%ulation. his means that& in no case shall the discount %ranted to

Senior #itizens be less than ;0>& or in the case o' water

and electricity supplied by public utility companies& be less

than 7>. /he minimum discount shall not be treated as an

addition to the promotional discount,provided that,

i' discount prescribed in the "ct 'or Senior #itizens&

the seller shall increase the discount to meet the said

minimum discount prescribed 'or Senior #itizens.


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SEC. . Determination of t+e $mont ofDiscont

./ he %rant o' the discount is only

'or the purchase o' %oods and

services enumerated in the "ct 'or/- 8#95: 95 ;

; :$;/

? /- 5;> #/@;.


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he 'ollowin% rules shall be observed in %rantin%

the discountD edical/elated !rivile%esD

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(a) $#; ; >9A P9>#-55/ he ;0> discount and C" exemption shall apply to the

purchase o' %eneric or branded medicines and dru%s by or 'or

senior citizens& includin% the purchase o' in'luenza and

pnuemococcal vaccines.

he ;0> discount and C" exemption shall also be %ranted to the

purchase o' vitamins and mineral supplements which are

medically prescribed by an attendin% physician 'or preventionand treatment o' diseases& illness& or in9ury whose prescription is

in the name o' the Senior #itizzen.


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edical/elated !rivile%esD

(b) 55;/ $# 59PP5,

##55>5 ; B9P$;/

" he ;0> discount and C" exemption privile%e shall alsoapply to the purchase o'

eye%lasses& hearin% aids&

dentures& prosthetics&

"rti'icial bone replacement lie steel& walers& crutches& wheelchairs whether manual or electric/

powered&

canes$3uad canes&

%eriatric diapers& and

other essential medical supplies& accessories and e3uipment by or

'or senior citizens.


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(c) $# ; ;/ 5>:#5 ; P>:/ ?#/5 1edical and dental services& diagnostic and laborator& tests such as but not

limited to /ays& computerized tomo%raphy scans& and blood tests& that are

re3uested by a physician as necessary 'or the dia%nosis and$or treatment o' anillness or in9ury are sub9ect to the ;0> discount and C" exemption.

(d) P>?55; ?5 ? //;;A P-=5#;'5 in allprivate hospitals& medical 'acilities& outpatient clinics and home health care

'acilities shall be sub9ect to the ;0> discount and C" exemption.

(e) P>?55; ?5 ? #;5 -/- C>D>5P>:;A -$ -/- #> 5>:#5 as endorsed by private

hospitals or employed throu%h home health care employment a%encies are

entitled to the ;0> discount and C" exemption.

he burden o' the discount shall be borne solely by the employmenta%ency%iven the health worerGs very minimal share compared to the a%ency

'ee.


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4otels& estaurants& ecreational #enters and !laces o'

=eisure and Funeral Services(a) 4,@=S "5+ SII=" =,+2I52 @S"-=IS4@5S H he

discount shall be 'or room accommodation and other amenities o''ered by the

establishment such as but not limited to hotel/based parlors and barbershops&

restaurants& massa%e parlor& spa& sauna bath& aromatherapy rooms& worout

%yms& swimmin% pools& 9acuzzis& tv bars& internet 'acilities& 'ood& drins and

other services o''ered.

(b) @S"A"5S H he discount shall be 'or the purchase o' 'ood& drins&

dessert& and other consumable items served by the establishments o''ered 'or

the consumption o' the %eneral public.

(c) For +ine/in Services under para%raphs (a) and (b) o' Section 1& and Section

8& para%raph ; o' "rticle E& the privile%e must be personally availed o'

by the senior citizen as de'ined under these ules& and no proxies or

authorization in 'avor o' another person who is not a senior

citizen will be honored.


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=eisure and Funeral Services

(d) he phrase exclusive use and en9oyment o' the senior

citizen shall mean 'or the senior citizenGs personal

consumption only.

Shall not apply to childrenGs meals which are primarily

prepared and intentionally mareted 'or children.

Similarly& shall not apply to pre/contracted party paca%es

or bul orders.


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(e) Food& drins and other consumable items provided in Section1 (a) and (b)& and Section 8& para%raph ; o' "rticle E purchased

by the senior citizen shall be processed separately as an

independent transaction 'rom his$her non/eli%ible

companions to ensure that it is 'or his$her exclusiveconsumption and to enable computation o' the ;0> discount and

the exemption 'rom the C"& which only the senior citizen is

entitled to.4owever& i' the %roup o' diners is composed entirely o' senior

citizens& all o' whom present valid senior citizens I+s& each shall

be entitled to a ;0> discount and exemption 'rom Calue "dded

ax


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(h) For the above/mentioned transactions under para%raphs (')

and (%) Section 1 o' "rticle E& the ost @xpensive eal

#ombination (@#) shall apply to 'ood purchases bysenior citizens.

he @# is an amount correspondin% to the combination o' the most

expensive and bi%%est sin%le/servin% meal with bevera%e served in a

3uic service restaurant& is deemed 'lexible and is ad9usted accordin%ly

by 'ood establishments to estimate a sin%le 'ood purchase 'or an

individual senior citizen.


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ecreation #enters

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he discount shall be 'or the utilization o' services in the 'orm o'

'ees& char%es and rental 'or sports 'acilities or e3uipment& includin%%ol'cart rentals and %reen 'ees& or venues 'or ballroom dancin%&

yo%a& badminton courts& bowlin% lanes& table or lawn tennis&

worout %yms& martial arts 'acilities.

5on/pro'it& stoc %ol' and country clubs which are not open to the%eneral public& and are private and 'or exclusive membership only as

duly proven by their o''icial S@# re%istration papers& are not

mandated to %ive the ;0> senior citizens discount.

4owever& should restaurants and 'ood establishments inside thesecountry clubs be independent concessionaires and 'ood sold are not

consumable items under club membership dues& they must %rant the

;0> senior citizen discount


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"dmission 'ees !rivile%e

he discount shall be applied to admission 'ees

char%ed by theatres& cinema houses and

concert halls& circuses& carnivals& and othersimilar places o' culture& leisure and

amusement such as museums and pars.


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Funeral and -urial @xpenses

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he bene'iciary or any person who shall shoulder the 'uneral and

burial expenses o' the deceased senior citizen& shall claim thediscount under this ule 'or the deceased senior citizen upon

presentation o' the death certi'icate.

Such expenses shall cover theD !urchase o' caset or urn&

@mbalmin%

#remation cost& and

,ther related services such as Ciewin% or wae cost&

!ic/up 'rom the hospital mor%ue&

ransport o' the body to intended burial site in the place o' ori%in& -ut shall exclude

:. ,bituary publication and

;. he cost o' the memorial lot


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SEC. 7. 'a( 'reatment of t+e Discont

/ranted to Senior Citizens.

ay claim the discounts %ranted as a tax deduction based on thecost o' the %oods sold or services

-y way o' example& i' C"/re%istered dru% store sells :0 pieces o'

"llopurinol at an undiscounted sellin% price o' !7.00 per piece& the costo' the discount is computed as 'ollows

Sellin% !rice (C"/exempt) o' :0pcs. at !7.00$pcs. !70.00

=essD ;0> +iscount :0.00

"mount !ayable by the Senior #itizen !80.00


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SEC. 7. 'a( 'reatment of t+e Discont

/ranted to Senior Citizens.

he sellin% price to be char%ed by the seller must be net o' C"because the sale to Senior #itizens is exempt 'rom C".

he cost o' the discount in the above illustration is !:0.00and shall be allowed as a

deduction 'rom %ross income 'or the same taxable year that the discount is %ranted&

provided that, the total amount o' the claimed tax deduction net o' C"& i'

applicable& shall be included in their %ross sales receipts 'or tax purposes and shallbe sub9ect to proper documentation in accordance with the provisions o' the ax

#ode. his means that 'or the establishment to be allowed to claim the discount as a

deduction& the amount o' sales that must be reported 'or tax purposes is the

undiscounted sellin% price and not the amount o' sales net o' the discount.

he income statement o' the sellermust re'lect the discount& not as areduction o' sales to arrive at net sales& but as a deduction 'rom its

%ross income (sales less cost o' sales).


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@ntry to record the transaction in the boos o'

the seller

ebit 1 #ash PF05enior #iti6en iscount xpense !0

#redit 1 5ales P0

reated as an ordinar& and necessar& expenses deductible

'rom the %ross income o' the seller 'allin% under the

cate%ory o' itemized deductions& and can only be

claimed if the seller does not opt for the

ptional !tandard "eduction during thetaxable #uarter$year.


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+eduction 'rom the %ross income o' the seller is sub9ect

to the 'ollowin% conditionsD

,nly that portion o' the %ross sales exclusively used& consumed or en9oyed bythe Senior #itizen shall be eli%ible 'or the deductible sales discount.

he %ross sellin% price and the sales discount must be separately

indicated in the o''icial receipt or sales invoice

nl& the actual amount of the discount granted or a sales discount notless than the statutor& rate (20%, % or 0% when applicable),

whicheer is higher, based on the %ross sellin% price can bededucted 'rom the %ross income& net o' value added tax& i' applicable& 'or

income tax purposes& and 'rom %ross sales or %ross receipts o' the business

enterprise concerned& 'or C" or other percenta%e tax purposes.

he seller must record its sales inclusive o' the discount %ranted.


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+eduction 'rom the %ross income o' the seller is sub9ect

to the 'ollowin% conditionsD

,nly that portion o' the %ross sales exclusively used& consumedor en9oyed by the Senior #itizen shall be eli%ible 'or the

deductible sales discount.

he business establishment %ivin% sales discounts to 3uali'ied Senior

#itizens is re3uired to eep a separate and accurate record o' sales&which shall include the

name of the 5enior #iti6en,

5# ,

gross sales'receipts,

sales discount granted,

dates of transactions and

inoice numbers for eer& sale transaction to 5enior #iti6en.


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+eduction 'rom the %ross income o' the seller is

sub9ect to the 'ollowin% conditionsD

,nly business establishments sellin% any o' the

3uali'ied %oods and services to Senior #itizens where

an actual discount was %ranted may claim the

deduction.

he seller must not claim the ,ptional Standard

+eduction durin% the taxable year.


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SEC. 3. $4ailment of &ncome 'a(:. " Senior #itizen must 'irst be 3uali'ied as such by the #I or his duly authorized

representative (+, havin% 9urisdiction over the place where the Senior #itizen

resides)& by submittin% a certi'ied true copy o' his Senior #itizen Identi'ication#ard (,S#" I+) issued by the ,S#" o' the city or municipality where he resides?

;. 4e must 'ile a Sworn Statement on or be'ore Banuary 1: o' every yearthathis annual taxable income 'or the previous year does not exceed the poverty

level as determined by the 5@+" thru the 5S#-? and

1. I' 3uali'ied& his name shall be recorded by the +, in the aster =ist o' ax/

@xempt Senior #itizens 'or that particular year& which the +, is mandatorilyre3uired to eep.

4owever& a Senior #itizen who is a compensation income earner derivin% 'rom only

one employee an annual taxable income exceedin% the poverty level or the amount

determined by the 5@+" thru the 5S#- on a particular year& but whose income had

been sub9ected to the withholdin% tax on compensation& shall& althou%h not exempt

'rom income tax& be entitled to the substituted 'ilin% o' income tax return under

evenue e%ulations 5o. ;/


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SEC. 5. 6ia,ility for #t+er &nternal Re4ene 'a(es

" Senior #itizen shall also be sub9ect to the 'ollowin% internal revenue

taxes& amon% others& imposed under the ax #odeD

C" or other !ercenta%es axes& as the case may be. I' he is sel'/employed or en%a%ed in business or practice o' pro'ession& and his

%ross annual sales and$or receipts exceeds !:&700&000 or such amount to which

this may be ad9usted pursuant to Sec. :0(:) (C) o' the ax #ode& he shall be

sub9ect to C". ,therwise& he shall be sub9ect to the 1> percenta%e tax?

+onorGs axH "ll donations made by a Senior #itizen durin% any calendaryear& unless exempt under a speci'ic provision o' law& shall be sub9ect to the

donorGs tax imposed under itle III o' the ax #ode?

@state axH In the event o' death& the estate o' the Senior #itizen may also

be sub9ect to the estate tax 'ollowin% the rules enunciated under itle III o'

the ax #ode and its implementin% e%ulations?

@xcise ax on certain %ood? and

+ocumentary Stamp ax.


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SEC. 10. E(emption from $' of t+e sale toSenior Citizens.

Sales o' any %oods and services under Section 8 and 7 o' thesee%ulations to Senior #itizens shall be exempt 'rom C".

o ensure the 'ull entitlement o' the Senior #itizen to the discount

prescribed in the "ct& the sellers are precluded 'rom billin% any C" to

the Senior #itizen.

he sale to a Senior #itizen must 'ollow the invoicin%

re3uirements prescribed under evenue e%ulations

5o. :6/;007. i' the seller uses a !oint o' Sale achine

or a #ash e%ister achine in lieu o' the re%ular salesinvoice& the machine tape must properly se%re%ate the

exempt sales 'rom the taxable sales.


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SEC. 10. E(emption from $' of t+e sale toSenior Citizens.

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he input tax attributable to the exempt saleshall not be allowedas an input tax credit and must

be closed to cost or expense account by the seller.

he exemption herein %ranted will not cover other indirect

taxes that may be passed on by the seller to a Senior

#itizen buyer& such as percenta%e tax& excise tax& etc.

In such a case& the discount must be on the total cost o' the %oods

or services char%ed by the seller exclusive o' the tax.


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SEC. 11. 8ersonal E(emptions ofBenefactors of Senior Citizens

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he entitlement to claim the additional personal

exemption per dependent (not exceedin% 'our) is

allowable only to individual taxpayers with a 3uali'ied

dependent child or children sub9ect to the conditions set

'orth under Section 17(-) o' ax #ode& as amended.

I' re3uired to 'ile an income tax return (I)& the

-ene'actors shall state therein the name& birthday and

,S#" I+ number o' the dependent Senior #itizen.


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SEC. 12. $dditional Dedction from /ross&ncome of 8ri4ate Esta,lis+ment forCompensation 8aid to Senior Citizens

!rivate establishments employin% Senior #itizens shall be entitled to

additional deduction 'rom their %ross income e3uivalent to :7> o'

the total amount paid as salaries and wa%es to Senior #itizenssub9ect to the provision o' Section 18 o' the ax #ode and its implementin%

rules and re%ulations provided the 'ollowin% conditions are metD

:. he employment shall have to continue 'or a period o' at least 6 mos?

;. he annual taxable income o' the Senior #itizen does not exceed the poverty level

as may be determined by the 5@+" thru the 5S#-.

For this purpose& the Senior #itizen shallsubmit to his employer a sworncerti'icationthat his annual taxable income does not exceed the poverty level.


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SEC. 1%. 8enalties and #t+er Sanctions

:. For the 'irst violation& a 'ine o' not less than !70&000.00 butnot exceedin% !:00&000.00 and imprisonment o' not less than ;

years but not more than 6 years? and

;. For any subse3uent violation& a 'ine o' not less than

!:00&000.00 but not exceedin% !;00&000.00 and imprisonment

'or not less than ; years but not less than 6 years.

"ny person who abuses the privile%es %ranted herein shall be

punished with a 'ine o' not less than !70&000.00& but not morethan !:00&000.00& and imprisonment o' not less than 6 months.


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SEC. 1%. 8enalties and #t+er Sanctions

M V PLaw Firm

I' the o''ender is an alien or a 'orei%ner& he shall be deported

immediately a'ter service o' sentence without 'urtherdeportation proceedin%s.

I' the o''ender is a corporation& or%anization or any similar

entity& the o''icial$s thereo' directly involve shall be liable

there'ore.

Apon 'ilin% an appropriate complaint& and a'ter due notice and

hearin%& the proper authorities may also cause the cancellation

or revocation o' the business permit& permit to operate&

'ranchise and other similar privile%es %ranted to any businessentity that 'ails to abide by the provisions o' the "ct and its

I and these e%ulations.


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M V PLaw Firm

hank

!ouAtty. Falconi V. Millar, CPAontact o.! 0"1#$%"0$1#11E&ail Addre''! ace&illar(ya)oo.co&

ace&illar(&*pla+1#.co&
mailto:[email protected]:[email protected]:[email protected]:[email protected]

Documents

Republic Act No. 9994