“Through Republic Act No. 10699 enacted in 2015 during the term of then President Benigno Aquino III, Congress granted tax exemption on winnings of national athletes.”
Vera Files rated this: False
Vera Files says: It is Republic Act No. 7549, enacted on May 22, 1992 during the term of the late President Corazon C. Aquino, that exempts from income tax payments “all prizes and awards” granted to athletes participating in local or i…