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V0997-21 ·20 April 2021 ·consulta-vinculante Medium impact
Tax

30% reduction for extraordinary bonuses not applicable due to failure to meet generation period requirements

A worker inquired whether an extraordinary bonus received following a collective redundancy could benefit from the 30% tax reduction for income with a generation period exceeding two years. The Directorate General for Taxes (DGT) has ruled that this is not applicable as the necessary requirements have not been met.

In 5 key points

How it affects those involved

This ruling clarifies that the tax relief for long-term generation periods is strictly contingent on meeting specific temporal criteria, preventing its application to bonuses received upon termination if the generation period does not qualify.

Lifecycle

2021-04-20PublishedPublished 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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