Tag

// SBN 274
JUL
08
2019

SBN-274: 13th Month Bonus Tax Exemption

An Act Excluding 13th Month Pay From The Computation Of Taxable Income, Amending For This Purpose Section 32 (B) (7) (E) Of The National Internal Revenue Code Of 1997, As Amended This bill, expected to benefit an estimated 39.8 M employees from the private and public sector,