WHAT IS IT?
It is a constitutional right of the employees who have rendered their services to the company during the previous fiscal year and which consists in receiving a portion of the profits.
HOW IS IT CALCULATED?
- 50% days worked.
- 50% of salary earned.
Limit: 3 months of salary or the average of the PTU of the last 3 years, applying the most favorable one.
WHAT SALARY IS USED?
Salary daily quota (not including bonuses, premiums or overtime).
Trust employees: limit is 20% more than the highest salary of the unionized or base employee.
WHEN IS IT PAID?
60 days after the annual tax declaration.
Legal entities: until May 30.
Natural persons: until June 29.
WHO DOES NOT PARTICIPATE?
General directors, general managers, domestic employees and temporary employees with less than 60 days.
Newly created companies: first year; certain public and charitable organizations, among others.
¿CÓMO PAGARSE? HOW TO PAY?
Directly to the employee.
In legal currency.
Causes ISR if it exceeds 15 days of minimum salary.
ARE THERE PENALTIES?
Fines for non-compliance range from 250 to 5000 UMAs for each of the affected employees.
