15 December 2014
Third Sector Tax Reform
All non-profit organizations regardless of the volume of income and whether they have economic activity or not will be obliged to file tax Tax of 25% in relation to the benefits. This percentage becomes common to all organizations.
Income tax withholding
Since January 2015 professionals who carry out activities for our organizations, will have to apply a 19% retention in general. There are two exceptions: professionals who are in their first year of activity and for the two following years, will apply a retention of 9%; and those with invoice under $ 15,000 a year will apply a withholding of 15%.