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PHILIPPINE TAXATION (TRAIN LAW) KRISTELA an employee had the following remuneration in 2020: Gross salary, net of nontaxable contribution 314,000 Fixed RATA 12,000 Cost-of-living allowance
PHILIPPINE TAXATION (TRAIN LAW)
KRISTELA an employee had the following remuneration in 2020:
- Gross salary, net of nontaxable contribution 314,000
- Fixed RATA 12,000
- Cost-of-living allowance 24,000
- 13th month pay 28,000
- Christmas gift 5,000
- Laundry allowance 8,000
What is the total exempt de minimis benefit?
- 8,600
- 5,000
- 6,000
- 13,000
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Thomas Calculus Early Transcendentals
Authors: Joel R Hass, Christopher E Heil, Maurice D Weir
13th Edition
978-0321884077, 0321884078
