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V0221-25 ·25 February 2025 ·consulta-vinculante Medium impact
Tax

The receipt of life insurance by a beneficiary other than the policyholder is subject to I&D Tax

The inquirer asks about the taxation of a transaction following the death of their cousin. The DGT responds that the payment of life insurance is subject to Inheritance and Gift Tax if the beneficiary is not the policyholder.

In 6 key points

Lifecycle

2025-02-25PublishedPublished 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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