General concept and characteristic notes

Regulations: Art. 17 Law Personal Income Tax

They are considered for tax purposes as full income from work "all compensation or profits, whatever their name or nature, monetary or in kind, that derive, directly or indirectly, from personal work or from the employment relationship or statutory and do not have the character of income from economic activities" .

According to the transcribed legal definition, work performance is characterized by the following notes :

• They include all compensation or profits, whatever their name or nature, whether monetary or in kind.
• That derive, directly or indirectly, from the personal work or the employment or statutory relationship of the taxpayer.
• That do not have the character of income from economic activities. Therefore, income from activities in which, independently of the contribution of his personal work, the taxpayer carries out the management of means of production and human resources, or of only one of both factors, is excluded, with the purpose of intervening in the production or distribution of goods or services.

  The tax concept of income from economic activities and its delimitation compared to income from work, is discussed in Chapter 6.