Practice question
What did EOPT Section5 do to the former Section34(K) withholding-based additional deduction requirement?
- Repealed it
- Made it the sole requirement for every deduction forever
- Converted every deduction into a refundable credit
- Abolished all withholding duties
- Removed every substantiation requirement
Legal references
- NIRC RA8424, relevant provisions as amended: https://lawphil.net/statutes/repacts/ra1997/ra_8424_1997.html Sections32(A)(3),34(C)(1)(a),40(A).
- RA11976 Ease of Paying Taxes Act: https://lawphil.net/statutes/repacts/ra2024/ra_11976_2024.html Section5.
- BIR RMC60-2024, repeal of old Section34(K): https://bir-cdn.bir.gov.ph/BIR/pdf/RMC%20No.%2060-2024.pdf
- RA12214 CMEPA: https://lawphil.net/statutes/repacts/ra2025/ra_12214_2025.html Section9, additional employer PERA deduction.
- BIR RR22-2025, PERA additional deduction: https://bir-cdn.bir.gov.ph/BIR/pdf/RR%20No.%2022-2025.pdf Sections2–3.
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