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Tuesday, 21 March 2023

Tags: Additional de minimis benefits

Additional P10,000 nontaxable De Minimis Benefits effective January 1, 2015

Additional P10,000 nontaxable De Minimis Benefits effective January 1, 2015

Posted on January 10, 2015 by Orlando Calundan | 49 Comments
Late in December 2014, there has been many articles in the social media discussing the expanded the list of de minimis benefits exempted from income tax on compensation, to include benefits under collective bargaining agreements (CBAs) and productivity incentive schemes. The…
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