The company La Chinanguita S.A. wants to know how much PTU (employee profit sharing) it must pay its employees. It had $4,960,030 in taxable profits for the year and must distribute $248,001.50 in PTU across its 20 employees based on their salaries and days worked. The PTU is calculated in two factors - one based on days worked and another based on salary. The total PTU to be distributed is $496,003.
The company La Chinanguita S.A. wants to know how much PTU (employee profit sharing) it must pay its employees. It had $4,960,030 in taxable profits for the year and must distribute $248,001.50 in PTU across its 20 employees based on their salaries and days worked. The PTU is calculated in two factors - one based on days worked and another based on salary. The total PTU to be distributed is $496,003.
The company La Chinanguita S.A. wants to know how much PTU (employee profit sharing) it must pay its employees. It had $4,960,030 in taxable profits for the year and must distribute $248,001.50 in PTU across its 20 employees based on their salaries and days worked. The PTU is calculated in two factors - one based on days worked and another based on salary. The total PTU to be distributed is $496,003.