Amendments on De Minimis Benefits Taxation

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BIR REVENUE REGULATIONS NO. 8-2000: Amendments on De Minimis Benefits Taxation

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Title Source: Supreme Court: Amendments on De Minimis Benefits Taxation

Law: Bir Revenue Regulations No. 8-2000

Decision Date: Aug 21, 2000

BIR Revenue Regulations No. 8-2000 amends tax provisions to clarify that certain "de minimis" benefits, including allowances for medical expenses, rice subsidies, and holiday gifts, are exempt from income tax and withholding tax, provided they do not exceed specified limits.

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