Malayan High School of Science stands in solidarity with the Coordinating Council of Private Educational Associations (COCOPEA), an umbrella organization of five leading private education associations, in its call for the immediate rectification of the Bureau of Internal Revenue’s (BIR) Revenue Regulation 5-2021 (RR 5-2021), which increases the tax rate for proprietary educational institutions from 10% to 25%.
Last June 1, 2021, COCOPEA issued its statement on behalf of 2,500 private educational institutions and education stakeholders nationwide. Below is the statement of COCOPEA.