The Bill proposes a modification of the Income Tax for the fourth category as from the 2024 tax period. Specifically, it establishes a schedular tax for such income -with certain exceptions-, to which an annual non-taxable minimum of 180 minimum vital and mobile salaries (SMVM) and a new table of marginal tax rates, also defined according to the value of the SMVM, are applied.
FISCAL IMPACT OF BILL 0016-PE-2023 TO MODIFY INCOME TAX
