Tax for labor dispute settlement
2 Re: Tax for labor dispute settlement on Wed Nov 19, 2014 9:23 am
Jigger wrote:how much withholdibg tax should be deducted if a company and employee decides to settle a labor dispute already filed in NlLRC?
Regular rate, depending on amount you receive, since it is still part of your income.
If it is not taxed, you are obliged to report the same income to your next employer for proper taxation.
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