100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Income tax Natural people $14.99   Add to cart

Exam (elaborations)

Income tax Natural people

 7 views  0 purchase
  • Course
  • Institution

Definition The IR is considered as a Direct Tax; that is, it falls directly on the natural person who generates income within a year. For the natural person the IR is a tax elderly will be the rate associated with the tax. progressive, because higher profit generated The declaration of t...

[Show more]

Preview 4 out of 60  pages

  • April 26, 2024
  • 60
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
avatar-seller
Translated from Spanish to English - www.onlinedoctranslator.com




Income tax
Natural people

TAX MANAGEMENT

Echo.Gonzalo Vaca, M.Sc.

, Definition
The IR is considered as a Direct
For the natural person the IR is a
Tax; that is, it falls directly on the
tax progressive, because
natural person who generates
elderly higher profit generated
income within a year.
will be the rate associated with the tax.




The declaration of the Income
Individuals will file an annual
Tax for Natural Persons is made
Income Tax return when their
the year after the generation of
income, in the month of March gross income for the previous
according to the 9th digit of the year exceeds FBDIR.
RUC.

TO GOIncome tax

, Income Tax Declaration

Person Natural
Form 102 in
forced a Wear
line
Accounting
Declaration of
Natural people
Natural Person No
Form 102 in
Forced to Carry
line
Accounting

, Total revenue
RDEP: salaries, overtime,
commissions, bonuses, utilities,
Taxed Income Income that pays taxes etc.
Business Act: sales
products and/or service offer
Ecuadorian Source Income


It is not considered for taxing RDEP: 13th salary, 14th salary,
Income exempt
income reserve funds, per diem


Total revenue


Income received in tax havens
Taxed Income or in lower tax jurisdictions



Foreign Source Income


Income received neither in tax
Income exempt havens nor jurisdictions with
lower taxation.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller THEEXCELLENCELIBRARY. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $14.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

79079 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$14.99
  • (0)
  Add to cart