Special Personal Exemption for Low-income Taxpayers

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PRESIDENTIAL DECREE NO. 1868: Special Personal Exemption for Low-income Taxpayers

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Title Source: Supreme Court: Special Personal Exemption for Low-income Taxpayers

Law: Presidential Decree No. 1868

Decision Date: Jul 6, 1983

Presidential Decree No. 1868 grants special additional personal exemptions to individual taxpayers in the Philippines, based on their marital status, family status, and dependents, to assist low-salaried employees in meeting the increasing costs of living and enhance the equity and progressivity of the income tax system.

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