Tags / De Minimis Benefits
De Minimis Benefits
Measures (1)
SBN-2005bill · in_committee
INCREASING INCOME TAX EXEMPTION THRESHOLDS AND THE TAX-EXEMPT CEILING FOR DE MINIMIS BENEFITS
This bill aims to increase the tax-exempt threshold for personal income tax from ₱250,000 to ₱500,000 and raise the tax-exempt ceiling for de minimis benefits from ₱90,000 to ₱200,000.