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A private rank and file employee had the following remuneration for the year Gross salaries, net of 11,000 mandatory contribution Fixed allowances Cost of
A private rank and file employee had the following remuneration for the year Gross salaries, net of 11,000 mandatory contribution Fixed allowances Cost of living allowance 13th month pay Christmas gift Laundry allowance What is the taxable compensation income? 314,000 12,000 24,000 28,000 How much is the tax due? 5,000 8,000 From the question above, what is the total exempt de minimis benefit
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
