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V0550-25 ·31 March 2025 ·consulta-vinculante Low impact
Tax

Life insurance payouts for education costs are subject to Corporate Tax

A non-profit association asks whether life insurance payments to cover student education expenses after the death of guardians are exempt from Corporate Tax. The DGT responds that since education is an economic activity, such income is taxable and the insurer must make withholding.

In 6 key points

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2025-03-31PublishedPublished 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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