Taxable personal income includes income from employment, business, and investments.
Personal income that is received in kind is valued at market value and converted into the local currency for the calculation of the tax base.
Income received in kind may include payments for services rendered, donated assets, rent paid by the employer, aesthetic treatments, private travel, and other assets received by the employee.
Income in kind must be accompanied by supporting documentation that proves the expense incurred.
Goods given for work or expenses made for work needs that remain part of the employer’s inventory are not considered benefits in kind.