BIR Revenue Memorandum Circular No. 20-2011
SPECIAL TREATMENT OF FRINGE BENEFITS UNDER SECTION 2.33 OF REVENUE REGULATIONS NO. 3-98, AS LAST AMENDED BY REVENUE REGULATIONS NO. 5-2011
(NAR) VOL. 22 NO. 2, APRIL - JUNE 2011
[ BIR REVENUE MEMORANDUM CIRCULAR NO. 20-2011, May 13, 2011 ]
SPECIAL TREATMENT OF FRINGE BENEFITS UNDER
SECTION 2.33 OF REVENUE REGULATIONS NO. 3-98, AS LAST AMENDED BY REVENUE REGULATIONS NO. 5-2011 In implementing Section 2.33 of Revenue Regulations (RR) No. 3-98 as last amended by RR 5-2011 with respect to the Special Treatment of Fringe Benefits, the income tax and withholding tax on compensation income referred to under Section 2 of RR 5-2011 shall refer to fringe benefits tax. All concerned are hereby enjoined to be guided accordingly and to give this Circular as wide a publicity as possible. Adopted: 13 May 2011
(SGD.) KIM JACINTO-HENARES Commissioner of Internal Revenue