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Practical Income Manual 2021.

Positive delimitation of the taxable event

Regulations: Art. 6 Law Personal Income Tax

The taxable event of Personal Income Tax constitutes the obtaining of income by the taxpayer whose components are the following:

  1. The performance of work.
  2. Returns on capital.
  3. The returns from economic activities.
  4. Capital gains and losses.
  5. Income imputations established by law.

However, for the purposes of determining the tax base and calculating personal income tax , income is classified as general and savings .

By express legal provision, the provision of goods, rights or services capable of generating returns from work or capital are presumed to be remunerated, unless proven otherwise.