New Powers for the Administration of Large Taxpayers

Since May 20th, 2021, individuals earning an income equal to or greater than 300 million pesos per year, either as partners or shareholders of Large Taxpayers or being owners of assets equal to or greater than 300 million pesos, will be subject to the powers of the General Administration of Large Taxpayers and its administrative units, pursuant to the delegation of powers published on May 19th, 2021.

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