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Post by account_disabled on Dec 7, 2023 9:20:05 GMT
Subsidies prizes and other free benefits not included in the income specified in this article. - and art. The Personal Income Tax Act does not define the concept of unpaid benefits but case law indicates that unpaid benefits specifically include any benefit provided to a qualified person such as granting him the use or enjoyment of an asset. We can also talk about free benefits in the case of the abolition of a specific activity of the taxpayer such. As the free provision of real estate for commercial purposes see Supreme Administrative Court Judgment No.: Act . IMPORTANT NOTE - Free benefits are benefits that the taxpayer receives as a gift which means that he does not provide anything in return or promise philippines photo editor to provide future benefits see Article . Warsaw Provincial Administrative Court year month day reference number: file . In turn the in its judgment. On the day of the year reference number: Act No. explained that the concept of gratuitous benefits used in the provisions of the Personal Income Tax Law is not defined in this Law but its scope is wider than that in the Civil Code has a wider scope noting in particular that it not only covers interests in the civil law sense acts or omissions on behalf of another party.
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