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V1196-23 ·9 May 2023 ·consulta-vinculante Medium impact
Tax

Deadline for 40% pension plan reduction ends 31 December 2024 if collected early due to redundancy

An individual affected by collective redundancy sought clarification on the deadline to apply the 40% reduction for contributions made prior to 2007. The Directorate General of Taxes (DGT) ruled that, when benefits are collected early due to redundancy, the contingency is deemed to have occurred at that moment, and the period to apply the reduction expires within the following two tax years.

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2023-05-09PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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