Is the thirteenth-month pay subject to income tax?
Thirteenth-month pay may be subject to income tax under Republic Act No. 10963 if it exceeds the maximum statutory exemption.
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What is the maximum tax-exempt limit for the thirteenth-month pay and other benefits?
Under Republic Act No. 10963, thirteenth-month pay and other equivalent benefits are tax-exempt up to a total of ₱90,000.00.
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Taxes and Transfer of Stocks Listed and Traded through the Local Stock Exchange
New Tax Rates on Stock Transfers This article discusses the tax involved in the transfer of stocks which are listed and traded through the Local Stock Exchange. In stock transfers, the tax to be paid is called a Percentage Tax, which is a business tax imposed on stock transfer transactions such as the sale, barter,
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