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V1066-25 ·25 June 2025 ·consulta-vinculante Low impact
Tax

Enhanced severance pay is subject to IRPF and not exempt

A worker asked whether the full amount agreed in a conciliation agreement after an invalid dismissal was exempt from IRPF. The DGT replied that only the legal severance payment is exempt, while any excess agreed is considered taxable income from work.

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2025-06-25PublishedPublished 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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