The following income and related expenses shall not be taken into account in determining the Taxable Income: 1. Dividends and other profit distributions received from a juridical person that is a Resident Person. 2. Dividends and other profit distributions received from an Equity participation in a foreign juridical person as specified in Article (23) of this Decree-Law. 3. Any other income from an Equity participation as specified in Article (23) of this Decree-Law. 4. Income of a Foreign Permanent Establishment that meets the condition of Article (24) of this Decree-Law. 5. Income derived by a Non-Resident Person from operating aircraft or ships in international transportation that meets the conditions of Article (25) of this Decree-Law.
Interpretation and application must be checked against the official text and current version.