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V0915-14 ·1 April 2014 ·consulta-vinculante Medium impact
Tax

Accident insurance compensation for permanent disability is exempt from Income Tax subject to certain limits

A worker received €18,000 from an accident insurance policy following an amputation caused by a workplace accident. The Directorate-General for Traffic (DGT) indicates that compensation derived from accident insurance is exempt, although the exempt amount is limited by the statutory system for assessing damages.

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2014-04-01PublishedPublished 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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