Skip to content
V0634-23 ·17 March 2023 ·consulta-vinculante Medium impact
Tax

Mortgage cancellation via disability insurance taxed as income from movable capital

An individual receives mortgage cancellation and a remaining insurance payout after being declared incapacitated. The DGT rules that both amounts constitute income from movable capital, which forms part of the savings tax base.

In 6 key points

Lifecycle

2023-03-17PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact