Cocopea seeks Duterte's help on new tax rule

THE Coordinating Council for Private Educational Associations (Cocopea) appealed to President Rodrigo Duterte to intervene in the implementation of the new regulation of the Bureau of Internal Revenue (BIR) increasing the tax rate of private educational institutions.

"We appeal to you, Mr. President, to make our tax laws consistent with your vision and the constitutional mandate of ensuring access to education for all Filipinos. Specifically, Revenue Regulation (RR) 5-2021 unilaterally and illegally inserted the wording inconsistent with both Section 27 (B) of the Tax Code as amended by the Corporate Recovery and Tax Incentives for Enterprises (Create) Law, and the constitution," the group said in a statement.