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During the taxable year 2020, Osakagen White Glutathione Company paid for the annual rental of a residential house of its branch manager, Ms. Mystica amounting

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During the taxable year 2020, Osakagen White Glutathione Company paid for the annual rental of a residential house of its branch manager, Ms. Mystica amounting to 300,000. Based on this information, how much fringe benefit tax must be recorded by the company in 2018? (Rounded off) P100,000 P80,769 O P161,538 P160,000

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