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[Music] welcome to the world of adulting for this video ill first discuss what the ptr is its purpose when and where to get it the cost requirements and finally the step-by-step process of obtaining one lets begin so what is a ptr a professional tax receipt is the proof of payment for the tax which entitles one to practice their profession the local government code states that such person who has paid the corresponding professional tax shall be entitled to practice his profession in any part of the philippines without being subjected to any other local tax license or fee for the practice of such profession just a disclaimer though this is from a doctors perspective however i do believe that the process will be the same across all professions as for doctors this is very important for their patients who are either senior citizens or persons with disabilities for them to avail discounts such as for medications the next question is when should you get your ptr for newly licensed profess