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During 2020, Osakagen White Corporation gave the following fringe benefits to its employees: Salaries to rank and file employees P2,000,000 Salaries to managerial employees 1,900,000
During 2020, Osakagen White Corporation gave the following fringe benefits to its employees: Salaries to rank and file employees P2,000,000 Salaries to managerial employees 1,900,000 De minimis benefits to rank and file employees 84,400 De minimis benefits to managerial employees 87,200 Fringe benefits to rank and file employees 202,000 Fringe benefits to managerial employees 270,000 How much is the fringe benefit tax? (Rounded off) P166,400 P145,384 P254,153 P301,107
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