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May05.2013solons To Push For The Promotion of Agri-Tourism in The Country
May05.2013solons To Push For The Promotion of Agri-Tourism in The Country
May05.2013solons To Push For The Promotion of Agri-Tourism in The Country
NR # 3094
To carry out this responsibility, both the DA and the DTI shall focus their agritourism efforts on rural and urban communities. To help offset the expenses of venturing into agri-tourism, the proposed measure will give tax credits to registered agri-tourism activities. The Department of Finance is tasked, under the bill, to craft rules and regulations to determine which costs qualify as agri-tourism liability insurance. The tax credit is an amount equal to 20% of the agri-tourism liability insurance not exceeding P50,000.00 in any tax year. (30) sb