Tags / Private donations
Private donations
Measures (1)
SBN-27bill · in_committee
NATIONAL ATHLETES AND COACHES BENEFITS AND INCENTIVES ACT
This bill aims to exempt national athletes and coaches from taxes on all incentives, rewards, bonuses, donations, gifts, endowments, and contributions received for winning in international sports competitions. It amends the existing National Athletes and Coaches Benefits and Incentives Act to enhance support for athletes and encourage private sector contributions.