Exclusion of certain benefits from taxable income

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Republic Act No. 7833: Exclusion of certain benefits from taxable income

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Title Supreme Court: Exclusion of certain benefits from taxable income

Law: Republic Act No. 7833

Decision Date: Dec 8, 1994

Republic Act No. 7833 excludes certain benefits from taxable compensation income, providing relief for officials and employees of the national and local governments, as well as other individuals, with a cap of P30,000 and effective from January 1, 1994.

gross compensation income

taxable compensation income

benefits exclusion

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