Pinoytax Q&A: Fringe Benefits Tax (FBT) Computation
- Q 2.33.2 From Marilyn
Co. A has a taxable income of Php 500,000.00 before deducting the
fringe benefits provided to a Manager-stockholder M with a yearly
rental value of Php 66,000.00. How much is the fringe benefit tax for
the yearly rent of Php 66,000.00?
After payment of the corporate income tax, Co. A distributed the
remaining income as dividends, all of which ended in the hands of
Manager-stockholder M. How much is the total value of monetary
benefits (fringe benefits plus dividends plus salary) does
Manager-stockholder M receives from Co. A?
If Co. A did not provide for the fringe benefit of yearly rent to
Manager-stockholder M, how much monetary value (dividends plus salary)
does Manager-stockholder M receives from Co. A?
Is Case A more advantageous than Case B with regards to the to monetary value received by Manager-stockholder M?
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