Skip to content
V0122-25 ·7 February 2025 ·consulta-vinculante Medium impact
Tax

Pension plan benefits are taxed as employment income and may be subject to a 40% reduction under specific conditions

The taxpayer inquires about the transfer of rights from an occupational pension plan to an insured provident scheme and its tax implications. The DGT clarifies that the transfer is within the competence of the Directorate General of Insurance and that benefits are taxed as employment income.

In 6 key points

Lifecycle

2025-02-07PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact