Angara seeks tax exemption for donated COVID-19 vaccines

Senator Sonny Angara has filed Senate Bill No. 2046 seeking to exempt donated vaccines and medical supplies for COVID-19 response from donor's tax.

The proposed bill aims to bolster vaccine supply by making it easier to accept donations of critical products, essential goods, equipment or supplies needed to contain and mitigate the virus.

Donations covered include raw materials for personal protective equipment (PPE), drugs, vaccines, medical devices, waste management equipment, and other supplies as determined by DOH and DTI.