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SB 256Officially reportedConsolidated
Php75,000.00 Cap For Income Tax Exemption Of The 13th Month Pay/christmas Bonus
An Act Increasing The Ceiling Of The 13th Month Pay, Christmas Bonus And Other Benefits Excluded From The Computation Of Gross Income For The Purposes Of Income Taxation, Amending For The Purpose Section 32 (B), Chapter VI Of The National Internal Revenue Code Of 1997, As Amended
Description
Subjects: National Internal Revenue Code (NIRC); Tax Exemption
Legislative progress
FiledCommitteeOne chamberBoth chambersLaw
- Jul 1, 2013Filed
- Oct 22, 2014Consolidated