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SECURITIES AND EXCHANGE COMMISSION Metro Manila, PhilippinesFORM 23AREVISED INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 23 of the Securities Regulation Code1.
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Larri-nil is needed by individuals who are required to report income and pay taxes in their respective country. It is typically used by taxpayers to provide details of their income, deductions, and tax liability. Larri-nil helps in ensuring compliance with the tax regulations and facilitating the calculation of taxable income and the corresponding tax amount. It is essential for anyone earning income and liable to pay taxes to fill out larri-nil accurately and submit it within the designated timeframe.
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Larri-nil is a declaration filed by individuals who have no taxable income or have income below the taxable threshold.
Individuals who have no taxable income or income below the taxable threshold are required to file larri-nil.
Larri-nil can be filled out online through the government portal or submitted physically to the tax authorities.
The purpose of larri-nil is to declare that the individual has no taxable income or income below the taxable threshold.
The individual's personal details, income details (if any), and declaration of no taxable income.
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