WebAmount Due – the amount owing for that invoice minus payments, or the credit available which reduces the total due; Further Details on Statement of Account Totals/Interest. The … WebStatement 1: if the employer did not withhold the fringe benefit tax and subsequently discovered and assessed by the BIR, the related fringe benefit tax is not allowed as a deduction from the employer's gross income. Statement 2: Fringe benefit tax includes additional benefit granted by the employer to the employees in addition to the basic salary.
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