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Gentlemen :
This refers to your letter dated March 22, 1996 requesting in effect, for a ruling
as to whether or not the one-time relocation assistance given to your employees form
part of their gross compensation subject to withholding tax. cdt
Single Married
Rank and File 20,000 40,000
Foremen & Supervisors 35,000 50,000
Copyright 2018 CD Technologies Asia, Inc. and Accesslaw, Inc. Philippine Taxation Encyclopedia Third Release 2018 1
Managers 40,000 70,000
In reply, please be informed that pursuant to Section 3(b) of Revenue
Regulations No. 2-95 implementing Republic Act No. 7833, pertinent portion of
which reads:
"(a) . . .
Based on the foregoing, it is our opinion that the one-time relocation assistance
given to your employees may be considered "other benefits" within the contemplation
of Revenue Regulations No. 2-95, subject to the limitation that the same shall not
exceed P12,000.00. Such being the case, the relocation assistance in excess of
P12,000.00 shall form part of their gross compensation income which are subject to
withholding tax. cdtai
LIWAYWAY VINZONS-CHATO
Commissioner of Internal Revenue
Copyright 2018 CD Technologies Asia, Inc. and Accesslaw, Inc. Philippine Taxation Encyclopedia Third Release 2018 2