Question
An employee had the following details of compensation income in 2021: Regular compensation income Overtime pay 13th month pay De minimis benefits: Medical assistance
An employee had the following details of compensation income in 2021: Regular compensation income Overtime pay 13th month pay De minimis benefits: Medical assistance to employee Total of other de minimis beenfits Compute the taxable compensation if the employee is a rank and file 780,000 43,000 65.000 22,000 32,000 Compute the taxable compensation if the employee is managerial or supervisory from the question above
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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
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