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V0028-25 ·10 January 2025 ·consulta-vinculante Medium impact
Tax

The 30% reduction cannot be applied to a lump-sum payment from a collective insurance policy

A retiree inquired whether the reduction provided in Article 18 of the Personal Income Tax Law (LIRPF) could be applied to a lump-sum payment received from a collective insurance policy. The DGT responds that, as it constitutes income provided for in Article 17.2.a) 5th of the LIRPF, it is excluded from said reduction.

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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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