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V0371-20 ·18 February 2020 ·consulta-vinculante Medium impact
Tax

Deferred annuities treated as income from movable capital based on age and yield

A taxpayer has requested clarification regarding the taxation of deferred annuities from a 1987 life insurance policy. The Directorate General of Taxes (DGT) clarifies how to calculate income from movable capital by applying age-based percentages and adjusting them according to the yield obtained.

In 5 key points

Lifecycle

2020-02-18PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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