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Is the Affidavit of Declaration of Gross Income no longer required for non-individuals in relation to the P720,000.00 threshold?

Home / FAQ / Is the Affidavit of Declaration of Gross Income no longer required for non-individuals in relation to the P720,000.00 threshold?
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A

Is the Affidavit of Declaration of Gross Income no longer required for non-individuals in relation to the P720,000.00 threshold?

It is still required under the existing rules and regulations and was not part of the amendments under the TRAIN Act.

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