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Arroyo signs law on tax exemption for minimum wage earners

Written by Abigail Kwok / inquirer.net

MANILA, Philippines – (UPDATE) President Gloria Macapagal-Arroyo has signed into law a bill that would exempt minimum wage earners from paying income tax and increasing personal exemptions for other employees.

Arroyo signed in Malacañang Tuesday Republic Act 9504 or an act amending Sections 22, 24, 34, 35, 51, and 79 of RA 8424 or the National Internal Revenue Code of 1997.

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