The synoptic table of the commercial code: an essential guide to understanding commercial legislation

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To better understand this concept, it is important to know the characteristics of those assimilated to wages. First, they must meet certain legal requirements, such as being registered in the Federal Registry of Taxpayers and filing their tax returns regularly.

In addition, those who are considered to be wage earners are required to pay taxes on their income, just like any other employee. This includes Income Tax (ISR), Value Added Tax (VAT) and social security contributions.

One of the main advantages of being assimilated to salaries is that a series of expenses related to professional activity can be deducted, such as renting premises, purchasing equipment or paying fees to other professionals.

On the other hand, there are also some limitations for those who are considered wage earners. For example, they are not entitled to receive employment benefits, such as paid vacations, health insurance or retirement. In addition, they cannot contribute to the Mexican Social Security Institute (IMSS), so they must seek alternatives to guarantee their social security.

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Understanding how the salary-assimilated scheme works: everything you need to know
The scheme of assimilated wages is a very important issue for any ecuador telegram number company and worker. Understanding how this scheme works is essential to comply with tax and labor obligations.

First of all, it is necessary to understand what is considered to be wages. These are those incomes that, although they are not actually wages, are considered to be similar to wages for tax purposes. This includes payments such as fees, commissions, gratuities, among others.

A key aspect of the scheme for assimilated wages is the determination of the taxable base. This is calculated by subtracting the deductible expenses authorized by law from the total income received by the worker. It is important to bear in mind that those assimilated to wages are not entitled to personal deductions.

Another relevant aspect is the calculation of income tax (ISR). The applicable rate varies according to the amount of the taxable base and is established in the ISR Law. It is the employer's responsibility to retain and pay the ISR corresponding to those assimilated to salaries.

It is important to mention that the system of assimilated wages has its particularities and differences with the wage system itself. For example, those assimilated to wages are not entitled to receive a Christmas bonus or to enjoy labor benefits such as vacations or social security.