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V0027-25 ·10 January 2025 ·consulta-vinculante Low impact
Tax

Calculation of the yield from a life insurance policy for survival and exclusion of transitory reductions

The tax on a survival benefit received by a policyholder under a 2003 life insurance contract is the difference between the benefit received and premiums paid, without benefit of temporary reductions.

In 6 key points

How it affects those involved

The taxable amount is calculated as the difference between the survival benefit and premiums paid, with no application of temporary tax reductions.

Lifecycle

2025-01-10PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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