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V0950-20 ·17 April 2020 ·consulta-vinculante Medium impact
Tax

EPSV benefits may be taxed as employment income and qualify for a 40% reduction under specific conditions

A beneficiary inquired whether death benefits from a Voluntary Social Welfare Entity (EPSV) are only taxed at 60%. The DGT clarified that they are taxed as employment income and that the 40% reduction only applies if specific conditions regarding contributions and timeframes are met.

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Lifecycle

2020-04-17PublishedPublished 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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