Tax Resources PH icon

TAX RESOURCES PH

Tax resources for Filipinos

RMC No. 96-2018: Clarifies the provisions to be included in RMC No. 50-2018 for the implementation of RA No. 10963 (TRAIN Law)

Files
Download this file

Summary

RMC No. 96-2018 clarifies RMC No. 50-2018 by deleting two of its provisions that the TRAIN Law did not affect.

CollapseExpand

Key points

  1. Provisions deleted. The deleted items are those on group health insurance premiums (Q7/A7) and director’s fees (Q34/A34).
  2. Reason. These items were not affected by the provisions of the TRAIN Law.

Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.

Related issuances (1)

Cites CollapseExpand
CitesRMC No. 50-2018

Copies of BIR issuances are hosted here for reference. For the official version, check bir.gov.ph. Summaries by Tax Resources PH are not a substitute for the full text or professional advice.