Venezuela published Administrative Ruling No. SNAT/2023/00005 in the Official Gazette on 14 March 2023, which establishes revised criteria for the designation of resident taxpayers as "special taxpayers", i.e., large taxpayers, including criteria for natural and legal persons. Different criteria apply depending on whether a taxpayer is domiciled in the capital region or other regions. The general criteria for legal persons include: Domiciled in the capital region: gross income of at least 120,000 times the official exchange rate of the highest value currency published by the Central Bank of Venezuela, as indicated in the last annual tax return, in the case...