In tax law, the taxable amount is the amount that results from the measurement of the taxable event.

Definition

In tax legal relations, the taxable event shows the existence of an economic capacity in the subjects, but for the tax to be applied, this fact must be evaluated in some way, usually in monetary units.

The tax base is ultimately the amount that is used in each tax to measure the economic capacity of the subject, such that is reflected in caps. Examples

In income tax, the taxable event is the obtaining of income by a person, but the tax base of the tax is the amount of that income obtained by the subject. In the tax on the estate the taxable base is the property that belongs to a subject. Lessons

The tax base can be expressed in different monetary units (rent, acquisition prices, market value, consideration, etc.) or in another type of unit of weight, volume, length, power, number of employees, etc. , thus distinguishes between monetary and non-monetary bases. By countries Spain

Law 58/2003, General Tax Law, defines in its article 50 the taxable amount as "the monetary or other magnitude that results from the measurement or valuation of the taxable event."

The tax base can be determined by the following methods: Liquidation base

The taxable amount is the amount resulting from making in the taxable base the reductions or deductions legally established for the corresponding tax, on which the rate of tax is applied to calculate the tax rate.

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