PROBLEM 23
The following data belong to a corporation-
employer in the current year 2019:
a. Educational assistance to supervisors and
their children, P75,000
b. Contributions of employer-company for the
benefit of the employees to retirement,
insurance and hospitalization benefit plans,
50,000
c. Year's rental for an apartment rented out by
the company for the use of its comptroller,
60,000
Compute the fringe benefit tax and its
related allowed deduction.
PROBLEM 24
A colf omnloved person showed us its data
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Answer:
Educational assistance to supervisors and their children, P75,000. b. ... A self-employed person showed us its data for the year 2019.
Explanation:
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