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Roman Romulo urges companies to give gadgets to students in exchange for tax credits

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Pasig City Rep. Roman Romulo has urged the country’s leading private corporations to avail of tax incentives by donating badly needed online learning tools for public elementary and high school students.

Romulo made the statement as the Department of Education (DepEd) prepares to shift to blended distance learning without face-to-face classes amid the COVID-19 pandemic.

“The DepEd has existing guidelines on accepting and processing applications for the availment of tax benefits by private donors under the ASP,” Romulo said.

Under the Adopt-a-School Program (ASP), donors of basic education materials may deduct from their gross taxable income up to 150 percent of the value of their contribution, according to Romulo, chairperson of the House committee on basic education and culture.

“Business process outsourcing companies, for instance, can donate brand new or even secondhand 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,” Romulo said.

Congress established the ASP in 1998 to mobilize private funds in addressing the public school system’s persistent resource gaps.

Under the program, entities or individuals that help “adopted” public schools may claim a gross income deduction as much as 150 percent of the value of their donation.