English: While the law provides that proprietary educational institutions shall pay a 10% tax on their taxable income, the 1% tax rate shall be imposed between July 1, 2020 until June 30, 2023.
Filipino: Bagama't nakasaad sa batas na nananatiling sampung porsyento ang buwis sa taxable income ng mga pribadong paaralan, ang isang porsyentong buwis ay nakatakdang ipataw mula Hulyo 1, 2020 hanggang Hunyo 30, 2023.