Private businesses urged to donate online learning tools for tax perks
Basic education committee chair Roman Romulo reminded private businesses of the tax incentives available to them via the Adopt-a-School Program (ASP), where corporations are urged to donate online learning tools to public school students to receive a 150 per cent tax deductible.
“Business process outsourcing companies, for instance, can donate brand-new or even second-hand desktop computers, laptops or tablets for home use by both students and teachers, while those in telecommunications can sponsor free data plans to facilitate remote learning over the Internet,” said Romulo.
The ASP was established in 1988 to mobilize private funds in addressing the public school system’s persistent resource gaps.
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