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Questions and Answers
Which of the following is considered as a taxable fringe benefit for rank and file employees?
Which of the following is considered as a taxable fringe benefit for rank and file employees?
- Sack of rice
- Medical services
- Meals furnished by the employer
- Performance bonus (correct)
What type of allowance given to an employee is exempt from taxation?
What type of allowance given to an employee is exempt from taxation?
- Reimbursement-type allowance (correct)
- Performance bonus
- Fixed transportation allowance
- Representation allowance
Which of the following is an exempt fringe benefit for rank and file employees?
Which of the following is an exempt fringe benefit for rank and file employees?
- Danger exposure allowance
- Fees received for performance of service
- Rental value of quarters furnished to an employee
- Living quarters (correct)
What type of payments are considered exempt for rank and file employees?
What type of payments are considered exempt for rank and file employees?
Which of the following is considered as a taxable fringe benefit for rank and file employees?
Which of the following is considered as a taxable fringe benefit for rank and file employees?
Which one of these is considered as a taxable fringe benefit for rank and file employees?
Which one of these is considered as a taxable fringe benefit for rank and file employees?
Which of the following is NOT considered a taxable fringe benefit for Managerial or Supervisory Employees?
Which of the following is NOT considered a taxable fringe benefit for Managerial or Supervisory Employees?
Under what conditions would the lodging cost in a hotel or establishment be considered as a taxable fringe benefit?
Under what conditions would the lodging cost in a hotel or establishment be considered as a taxable fringe benefit?
Which of the following is a condition for reasonable foreign travel expenses to be exempt from fringe benefit tax?
Which of the following is a condition for reasonable foreign travel expenses to be exempt from fringe benefit tax?
Which of the following housing benefits is exempt from being considered as a taxable fringe benefit?
Which of the following housing benefits is exempt from being considered as a taxable fringe benefit?
What is taxable as a fringe benefit when provided by the employer for the employee in social and athletic clubs or other similar organizations?
What is taxable as a fringe benefit when provided by the employer for the employee in social and athletic clubs or other similar organizations?
When would traveling expenses paid by the employer for the travel of family members of the employee be treated as taxable fringe benefits?
When would traveling expenses paid by the employer for the travel of family members of the employee be treated as taxable fringe benefits?
Which of the following is NOT treated as a taxable fringe benefit for household personnel if shouldered by the employer?
Which of the following is NOT treated as a taxable fringe benefit for household personnel if shouldered by the employer?
What percentage of the cost of a first-class airplane ticket is considered as a taxable fringe benefit?
What percentage of the cost of a first-class airplane ticket is considered as a taxable fringe benefit?
Under what condition would retirement and separation benefits be considered as taxable fringe benefits?
Under what condition would retirement and separation benefits be considered as taxable fringe benefits?
Which of the following is considered a taxable fringe benefit for rank and file employees?
Which of the following is considered a taxable fringe benefit for rank and file employees?
Which type of allowance given to an employee is exempt from taxation?
Which type of allowance given to an employee is exempt from taxation?
What is exempt from being considered as a taxable fringe benefit for rank and file employees?
What is exempt from being considered as a taxable fringe benefit for rank and file employees?
Which of the following is NOT treated as a taxable fringe benefit for rank and file employees?
Which of the following is NOT treated as a taxable fringe benefit for rank and file employees?
Under what condition would retirement and separation benefits be considered as taxable fringe benefits?
Under what condition would retirement and separation benefits be considered as taxable fringe benefits?
What type of payments are considered exempt for rank and file employees?
What type of payments are considered exempt for rank and file employees?
Which type of allowance given to an employee is exempt from taxation?
Which type of allowance given to an employee is exempt from taxation?
What percentage of the cost of a first-class airplane ticket is considered as a taxable fringe benefit?
What percentage of the cost of a first-class airplane ticket is considered as a taxable fringe benefit?
Under what condition would retirement and separation benefits be considered as taxable fringe benefits?
Under what condition would retirement and separation benefits be considered as taxable fringe benefits?
Which of the following is NOT treated as a taxable fringe benefit for household personnel if shouldered by the employer?
Which of the following is NOT treated as a taxable fringe benefit for household personnel if shouldered by the employer?
What type of payments are considered exempt for rank and file employees?
What type of payments are considered exempt for rank and file employees?
Which of the following is considered as a taxable fringe benefit for rank and file employees?
Which of the following is considered as a taxable fringe benefit for rank and file employees?
When would traveling expenses paid by the employer for the travel of family members of the employee be treated as taxable fringe benefits?
When would traveling expenses paid by the employer for the travel of family members of the employee be treated as taxable fringe benefits?
What is taxable as a fringe benefit when provided by the employer for the employee in social and athletic clubs or other similar organizations?
What is taxable as a fringe benefit when provided by the employer for the employee in social and athletic clubs or other similar organizations?
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