5. Compensation for dismissal or termination of the employee

Regulations: Articles 7.e) Law ; 1 and 73 of the IRPF Regulations

Note: In all cases, the enjoyment of this exemption is conditional on the real and effective disengagement of the worker from the company. It shall be presumed, unless proven otherwise, that such disassociation does not occur when, within three years following the dismissal or termination, the employee returns to provide services to the same company or to another company linked to it, in the terms provided for in article 18 of the Corporate Tax Law, provided that in the case in which the connection is defined based on the relationship of the partners or participants with the entity, the participation is equal to or greater than 25%.

1. A) Exempt amount: Limits
2. B) Cases that are not considered covered by the exemption
3. C) Exempt compensation derived from dismissals classified as unfair
4. D) Exempt compensation derived from termination of the contract at the will of the worker (cessation)
5. E) Exempt compensation derived from collective dismissals due to economic, technical, organizational, production or force majeure causes
6. F) Exempt compensation derived from the termination of the employment relationship due to death, retirement or disability of the employer
7. G) Exempt compensation derived from the termination of the employment contract for objective causes.
8. H) Exempt compensation derived from the termination of special labor relationships
9. Summary table