Staying true to its mandate as a direct link between the urban poor and the government, the Presidential Commission for the Urban Poor (PCUP) signed a Memorandum of Agreement (MOA) with the Bureau of Internal Revenue (BIR) on September 10, 2024, at the Aguinaldo Hall of the AFP-COC in Quezon City.
The agreement, led by newly appointed PCUP Chairperson and CEO Hon. Meynardo A. Sabili and BIR Commissioner of Internal Revenue Atty. Romeo D. Lumagui, Jr., signifies a new partnership to prioritize and expedite tax exemption applications for PCUP donors, in accordance with the 1997 Tax Code.
The MOA stipulates that the PCUP will provide the BIR with a list of qualified donors, including private individuals and organizations, enabling them to apply for donor’s tax deductions or exemptions.
“This collaboration will not only promote BIR’s programs but also assist donors in securing necessary tax exemptions, thereby maximizing the impact of their contributions,” Chairperson Sabili said in a statement.
Commissioner Lumagui also expressed his appreciation, stating, “This Memorandum of Agreement is a significant contribution toward the goals of the PCUP and the BIR’s mission to improve the lives of Filipinos.”
He added that the agreement demonstrates that the BIR’s role extends beyond tax collection, by granting exemptions to those who support the PCUP’s mission through donations.
The MOA will remain in effect until 2028.