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V0251-24 ·29 February 2024 ·consulta-vinculante Medium impact
Tax

Possibility of deducting premium amounts from risk capital in a partial life insurance claim under specific conditions

The consultant asks how to calculate the return on movable capital in a partial life insurance claim and whether the premium portion can be deducted from risk capital. The tax authority responds that the return is the difference between the received capital and premiums, allowing the deduction of the risk capital portion if it has been below 5% of the mathematical provision throughout the policy term.

In 6 key points

Lifecycle

2024-02-29PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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