Objectives of the publication

The statistics "Earnings from the Economic Activity of Self-Employed Business Owners or Individuals" now being presented are a tailored publication, relating to a subset of the Personal Income Tax ( Personal Income Tax) reporting population, defined by declarations containing items relating to income from self-employment. Therefore, the group under analysis will be characterized by the performance of economic activities under the terms provided for in the regulations governing Personal Income Tax, article 27 of the Law.

The returns from economic activities are considered to be obtained by those who regularly, personally and directly carry out said activities, presuming that said requirements are met by those who appear as holders of said activities.

Individuals declare their personal income Personal Income Tax for all income received during the tax period that coincides, except in exceptional cases, with the calendar year. The tax is levied on global income, and in this sense, the income from the activity is included in the Tax Base as another income concept, along with income from work, real estate capital, and savings income, which include capital gains or capital gains.

Generally speaking, Personal Income Tax is individual in nature, and income derived from economic activities will be taxed by the taxpayer as the entrepreneur of said activity. However, there is the option of joint taxation, whereby a single return includes the income received by all members of the family unit. In this case, there may be several members of the family unit who carry out economic activities and who, for the purposes of this publication, are classified as entrepreneurs.

Three boxes in the declaration summarize the income, understood as the compensation of the entrepreneur or professional, from all the activities of all the tax file holders. The differentiation of items is required by the three methods of calculating activity performance, which entail very different formal obligations.

These statistics complete and expand the general statistics on Personal Income Tax. Based on the selection of declarations that have declared income from economic activity, it incorporates all the details related to the economic activity that allow us to know the economic activities carried out, the profitability of the business and professional activities of the self-employed, the importance of the income from their activities with respect to the rest of the declared income, the number of activities declared, the failure rate by activity, and two especially important elements: the rate resulting from the declaration attributed to the economic activity and the effective rate of the business and professional activity.