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V0125-24 ·15 February 2024 ·consulta-vinculante Medium impact
Tax

30% Income Tax reduction applicable to additional early retirement payments under collective agreements

A banking employee enquired whether the additional amount received for early retirement under their collective agreement could benefit from the 30% reduction for income earned over a period exceeding two years. The Directorate General for Taxes (DGT) ruled that it is applicable, provided the requirements regarding seniority and the validity of the collective agreement are met.

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2024-02-15PublishedPublished 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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