Boosting education with taxes

Boosting education with taxes

From Suara Karya

The new tax reform bill stipulates that contributions for
scholarships, research and other expenses for educational
facilities are all tax deductible.

As a student, I welcome this provision because it will
increase the interest from companies in providing scholarships
for students with high achievements or disadvantaged children.

It will also be favorable to research and development, which
require large funds while limited college budgets have always
become a barrier.

Let us hope that the coming tax law will prompt companies to
make bigger expenditures for educational and research facilities.
Promoting education through tax rules is worthy of our support as
a nation's advancement depends on the intelligence of its next
generation.

OKTRIN MESTER
Jakarta