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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