(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

Fringe benefit for the convenience or advantage of the employer

Car plan for managerial employees.

Daily meal allowance for managerial employees.

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

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

Monetized value of sick leave credits not exceeding 10 days.

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

Compensation income of supervisory and managerial employees

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

House benefits to the Chief Finance Officer of the company

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

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

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

De minimis benefits received by an executive of a company.

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.

Premiums borne by the employer tor the group insurance of employees

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

Reimbursement of transportation expenses paid to a messenger of the company

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