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Practical manual for Income Tax 2019.

Net performance

Net income is made up of the difference between gross income and deductible expenses in the terms discussed above.

Remember: The total amount to be deducted for the interest on third-party capital invested in the acquisition or improvement of the asset, right or enjoyment from which the income comes, and other financing expenses, as well as repair and maintenance expenses, may not exceed, for each asset or right, the amount of the total income obtained.