The measure establishing a special hospital for overseas Filipino workers (OFWs) is gaining support from House solons.
The House Committee on Ways and Means chaired by Albay Rep. Joey Sarte Salceda approved House Bill 168 which seeks the creation of a hospital for overseas Filipino workers (OFWs).
The proposed Overseas Filipino Workers Hospital Act aims to provide better access to and higher quality of healthcare for OFWs.
The committee specifically approved Section 7, the tax exemption provision of the bill, which states that all grants, bequests, endowments, donations and contributions made to the OFW Hospital to be used actually, directly and exclusively by the OFW Hospital shall be exempt from donor’s tax and considered as allowable deduction from the gross income of the donor, in accordance with the provisions of the National Internal Revenue Code of 1997, as amended.
The bill also seeks the importation of equipment, machinery and spare parts which will be used solely and exclusively for the operation of the OFW Hospital, not available locally, shall be exempt from value-added tax and Customs duty. — Source: Jester P. Manalastas / People’s Journal