English: Republic Act No. 11635, which President Rodrigo Duterte signed into law on December 10, 2021, further amends Section 27 (B) of the National Internal Revenue Code of 1997, as amended, to reduce the preferential tax rate of 10% to 1% imposed on proprietary educational institutions.
Filipino: Nilagdaan noong nakaraang Disyembre 10, 2021 ni Pangulong Rodrigo Duterte ang Republic Act No 11635. Sa ilalim ng bagong batas, muling inamyendahan ang Section 27 (B) ng National Internal Revenue Code of 1997 upang pababain ang preferential tax rate sa mga pribadong paaralan o proprietary educational institutions. Ang dating sampung porsyentong buwis ay magiging isang porsyento na lamang sa loob ng tatlong taon.