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PD 1994 Section 8

Section 8

SEC. 8. A new subparagraph [E] is hereby added to paragraph [c] [7] of Section 29 of the National Internal Revenue Code to read as follows: “[E] Prizes and awards made primarily in recognition of religious, charitable, scientific, educational, artistic, literary, or civic achievement but only if: “[1] the recipient was selected without any action on his part to enter the contest or proceeding; and “[2] the recipient is not required to render substantial future services as a condition to receiving the prize or award.”

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Other provisions in PD 1994

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationPD 1994 Section 8 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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