It should be noted that taxpayers who have earned remittance income above 100,000 UF (M $ 2,562,909) at the end of 2015, must adjust its PPM rate recorded in December of that year by a factor of 1,067.
The new rate will apply only for the first quarter of this year, as since the month of April of each year the PPM account of the new rate of First Category Tax that applies to the business year 2016 and corresponding to 24%, the above described under Article 84 of the Law on Income Tax (LIR).
Finally, the tax authority has issued for this purpose the Circular No. 52 of October 2014.