Text of the provision
Art. 52. Incentive Scheme. An additional deduction from taxable income of one-half (1/2) of the value of labor training expenses incurred for development programs shall be granted to the person or enterprise concerned provided that such development programs, other than apprenticeship, are approved by the Council and the deduction does not exceed ten percent (10%) of the direct labor wage. There shall be a review of the said scheme two years after its implementation.
Labor Code of the Philippines, Presidential Decree No. 442, as amended. Reproduced in full from the official enactment and verified against the LawPhil and ChanRobles renderings.
What this article means
Grants an extra deduction from taxable income equal to one-half of labor training expenses for development programs, provided the program—other than apprenticeship—is approved by the Council and the deduction does not exceed ten percent of direct labor wage. The scheme is to be reviewed two years after it takes effect.
Questions about this provision
Related provisions
- Article 51 — Employment Service Training Functions.
- Article 53 — Council Secretariat.
A note on article numbers. The articles of the Labor Code have been administratively renumbered, so the same provision is often cited under a different number. Supreme Court decisions write both, in the form “Article 297 [282]” — the new number first, the original in brackets. The text on this page is published under its original number, which is the numbering both source texts use. When citing, check which numbering your source follows.
Cases interpreting this article
- Authorities on this article will be added here as each is verified against primary sources.