Answered: True or False. As per TRAIN Law, the…

True or False. As per TRAIN Law, the excess de minimis benefits received may be added as part of non-taxable 13th-month pay and other benefits if the latter does not exceed P82,000.

PAYROLL ACCT.,2019 ED.(LL)-TEXT

19th Edition

ISBN:9781337619783

Author:BIEG

Publisher:BIEG

Chapter5: Unemployment Compensation Taxes

Section: Chapter Questions

Problem 8QR: An employer, because of a favorable experience rating, is permitted to pay a state contribution at a...

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37. True or False. As per TRAIN Law, the excess de minimis benefits received may be added as part of non-taxable 13th-month pay and other benefits if the latter does not exceed P82,000.

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