VERA FILES FACT CHECK: Marcos NOT the first to give cash reward to PH athletes
A video claimed that President Bongbong Marcos was the first to award cash incentives to national athletes who won international competitions. This is false.
Tag Archives: athlete
VERA FILES FACT CHECK: Roque wrongly claims cash, other gifts to Olympic gold medalist Hidilyn Diaz not exempt from donor’s tax
The cash prizes and other incentives given by business executives and private companies to Hidilyn Diaz, the Philippines’ first ever Olympic gold medalist, are subject to donor’s tax, according to Palace Spokesman Harry Roque. This is false.
VERA FILES FACT CHECK: Drilon mali ang pahayag na sa batas noong panahon ni PNoy exempted sa pagbabayad ng buwis ang napanalunan ng mga atleta
Sa pagtatama ng pahayag ni Palace Spokesperson Harry Roque na hindi pa naipapasa ng Kongreso ang batas na mag-eexempt sa mga atleta sa pagbabayad ng buwis sa kanilang mga napanalunan, nagkamali si Senate Minority Leader Franklin “Frank” Drilon sa pagsabing ang Republic Act No. 10699, na pinagtibay noong 2015 sa termino ng yumaong Pangulong Benigno Aquino III, ay nagbigay na ng tax exemption para sa mga napanalunan sa national at international na mga sports competition.
VERA FILES FACT CHECK: Drilon wrong in claiming PNoy-era law exempted athletes’ winnings from tax payments
Rebutting Palace Spokesperson Harry Roque’s statement that Congress has yet to pass a law exempting athletes from paying taxes on their winnings, Senate Minority Leader Franklin “Frank” Drilon was mistaken in noting that Republic Act No. 10699, enacted in 2015 during the term of the late President Benigno Aquino III, already provided a tax exemption for winnings in national and international sports competitions.