The Salvadoran Income Tax is levied on the income obtained in an exercise or period of taxation, understanding by this, all products or profits received or accrued, either in cash or in kind, from multiple sources, including those that come from capital, such as rents, interest, dividends or participations .
This leads us to a concept that has great importance in tax matters, this is capital income , understood as those economic returns obtained from capital goods, which are generally transferred or exploited. These are also called passive income , for generating income without devoting a greater amount of time or effort, as could happen with work or commercial and industrial activity.
In this way, if we have allocated part of our financial resources to acquire capital goods that will later be leased; or we decide to allocate our money to deposits in savings accounts or invest them in participation or debt financial instruments, we must take into consideration that the income obtained from these operations will be taxed with Income Tax.
