About this document
Tax Exemption for Group Insurance Premiums by Anya Forger is a document available to read on EtoBox.
The document is a ruling from the Bureau of Internal Revenue (BIR) regarding whether life insurance premium payments made by employers for employees are subject to withholding tax or fringe benefit tax. The BIR rules that based on tax law, premium payments made by employers for group life insurance plans that cover both managerial and rank-and-file employees are not considered taxable compensation or fringe benefits and therefore not subject to withholding tax or fringe benefit tax. The ruling cites previou
- Author
- Anya Forger
- Language
- EN