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13th month pay

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1 13th month pay on Sun Dec 12, 2010 8:03 am


Arresto Menor
Is it legal to include 13th month pay to the computation of monthly salary?

My basic is 20000 and through the course of the year I accumulated an incentive amounting to 13000. So is it that the excess of 3000 shall only be taxable?

Thank you.
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