Direct taxes

In the case of companies, it is the tax that appears in the profit and loss account as an accounting income tax expense, with a positive or negative sign, depending on whether the result before tax is negative or positive (loss or profit), respectively.

In the case of self-employed individuals, the direct tax refers to the net amount attributed to the economic activity. That is, the tax integrates the result of the activity (net income) into the general tax base , taxed with the progressive tax rate. Using a specific methodology, the same one used in RAE statistics, the resulting self-assessment tax liability is attributed to the different income components included in the declaration, and this is what, in this context, we treat as direct taxes, which is none other than the tax liability attributed to the activity. Only the total positive resulting tax liability is distributed, unlike what happens with the accrued corporate tax. This fee is interpreted as a direct tax in the field of activity carried out by individual entrepreneurs, but it does not correspond to a theoretical concept equal to that contemplated in corporate tax in this variable.

However, the concept that is comparable to the quota attributed to the activity in Personal Income Tax is the positive net quota of the corporate tax. This is the concept that corresponds to what was actually settled in each year for each tax, having made use of the technical corrections, the base compensation and the deductions to which the declarant is entitled in each case. This variable is called Net Worth in the unified Profit and Loss Account.