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V1092-16 ·17 March 2016 ·consulta-vinculante Medium impact
Tax

The application year for the 40% pension scheme reduction cannot be changed once the tax filing deadline has passed

A taxpayer sought to cancel a 40% reduction applied in 2014 to apply it to other benefits in a subsequent year. The Directorate General of Taxes (DGT) ruled that, as the filing period for that tax year has expired, the option can no longer be rectified.

In 6 key points

How it affects those involved

This ruling confirms that once a tax return is filed, taxpayers cannot retroactively alter the application of specific tax reductions to different years, limiting flexibility in managing pension scheme benefits.

Lifecycle

2016-03-17PublishedPublished 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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