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REVENUE REGULATIONS NO. 10-2002

Implementing the Provisions of Section 34(A)(1)(a)(iv) of the Tax Code of 1997, Authorizing the Imposition of a Ceiling on “Entertainment, Amusement and Recreational Expenses”

RR No. 10-2002 | 2002-07-10

REPUBLIC OF THE PHILIPPINES
DEPARTMENT OF FINANCE
BUREAU OF INTERNAL REVENUE
Quezon City
 

July 10, 2002
 

REVENUE REGULATIONS NO. 10-2002
 
 
SUBJECT: Implementing the Provisions of Section 34(A)(1)(a)(iv) of the Tax Code of 1997, Authorizing the Imposition of a Ceiling on “Entertainment, Amusement and Recreational Expenses”
 
TO: All Internal Revenue Officers and Others Concerned
 

Pursuant to Section 244 of the Tax Code of 1997, in relation to Section 34(A)(1)(a)(iv) of the same Code, these Regulations are hereby promulgated to provide a ceiling on the amount of entertainment, amusement and recreation expense...