2023-10-27T10:30:04+03:00[Europe/Moscow] en true <p>Fringe benefit required by the nature of or necessary to trade or business of the employer</p>, <p>Fringe benefit for the convenience or advantage of the employer</p>, <p>Car plan for managerial employees.</p>, <p>Daily meal allowance for managerial employees.</p>, <p>Monetized unused vacation leave credits of private employees not exceeding 10 days.</p>, <p>Monetized unused vacation leave credits of government employees in excess of 10 days</p>, <p>Monetized value of sick leave credits not exceeding 10 days.</p>, <p>Monetized value of sick leave credits of private employees in excess of 10 days.</p>, <p>Compensation income of supervisory and managerial employees</p>, <p>Housing units situated inside or adjacent to business or factory (located within 50 meters from the perimeter of business).</p>, <p>House benefits to the Chief Finance Officer of the company</p>, <p>Allowances received by supervisory and managerial employees not subject to liquidation.</p>, <p>Used by employee of aircraft (including helicopters) owned/maintained by the employer.</p>, <p>Cost of 1st class/business class airplane ticket for business travel or convention abroad in excess of 70%.</p>, <p>De minimis benefits received by an executive of a company.</p>, <p>Educational assistance (Master of Science in Accountancy) granted to Fe, the Finance Manager or ABC Company. NO written contract was executed by Fe and ABC.</p>, <p>Premiums borne by the employer tor the group insurance of employees</p>, <p>Contributions of the employer for the benefit of the employee retirement, insurance and hospitalization benefit plans.</p>, <p>Reimbursement of transportation expenses paid to a messenger of the company</p>, <p>Contributions made by an employer to SSS, GSIS and similar contributions under existing laws in excess of what the law requires contributions.</p> flashcards
(MODIFIED) IDENTIFICATION A if the benefit is subject to fringe benefit tax, Otherwise, write B

(MODIFIED) IDENTIFICATION A if the benefit is subject to fringe benefit tax, Otherwise, write B

  • Fringe benefit required by the nature of or necessary to trade or business of the employer

    B

  • Fringe benefit for the convenience or advantage of the employer

    B

  • Car plan for managerial employees.

    A

  • Daily meal allowance for managerial employees.

    B

  • Monetized unused vacation leave credits of private employees not exceeding 10 days.

    B

  • Monetized unused vacation leave credits of government employees in excess of 10 days

    B

  • Monetized value of sick leave credits not exceeding 10 days.

    B

  • Monetized value of sick leave credits of private employees in excess of 10 days.

    B

  • Compensation income of supervisory and managerial employees

    B

  • Housing units situated inside or adjacent to business or factory (located within 50 meters from the perimeter of business).

    B

  • House benefits to the Chief Finance Officer of the company

    A

  • Allowances received by supervisory and managerial employees not subject to liquidation.

    A

  • Used by employee of aircraft (including helicopters) owned/maintained by the employer.

    B

  • Cost of 1st class/business class airplane ticket for business travel or convention abroad in excess of 70%.

    B

  • De minimis benefits received by an executive of a company.

    B

  • Educational assistance (Master of Science in Accountancy) granted to Fe, the Finance Manager or ABC Company. NO written contract was executed by Fe and ABC.

    A

  • Premiums borne by the employer tor the group insurance of employees

    B

  • Contributions of the employer for the benefit of the employee retirement, insurance and hospitalization benefit plans.

    B

  • Reimbursement of transportation expenses paid to a messenger of the company

    B

  • Contributions made by an employer to SSS, GSIS and similar contributions under existing laws in excess of what the law requires contributions.

    B