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V0620-26 ·18 March 2026 ·consulta-vinculante Medium impact
Tax

Contributor pays unit linked insurance premium with shares, triggering capital gain

A taxpayer wishes to pay the initial premium of a unit linked life insurance policy by delivering quoted shares with capital gains. The DGT states that this constitutes a share transfer subject to taxation.

In 6 key points

How it affects those involved

The delivery of shares with capital gains to pay for a unit linked insurance premium is treated as a share transfer and is subject to capital gains tax.

Lifecycle

2026-03-18PublishedPublished 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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