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V0120-18 ·23 January 2018 ·consulta-vinculante Medium impact
Tax

Payouts from illness insurance are not exempt and are taxed as capital gains

The consultant asks whether capital received due to illness is exempt from income tax. The DGT responds that there is no exemption since it is not an accident and that it must be taxed as capital gains.

In 6 key points

Lifecycle

2018-01-23PublishedPublished 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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