What is the total exempt de minimis benefit

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Question - PHILIPPINE TAXATION (TRAIN LAW) Gross salary, net of non-taxable contribution 314,000

Cost-of-living allowance 24,000

KRISTELA an employee had the following remuneration in 2020:

Fixed RATA 12,000

13th month pay 28,000

Christmas gift 5,000

Laundry allowance 8,000

Required - What is the total exempt de minimis benefit?

Reference no: EM132784001

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