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V1208-21 ·30 April 2021 ·consulta-vinculante Medium impact
Tax

No income from movable capital is imputed for unit-linked insurance if the inquirer is neither the policyholder nor the beneficiary

The inquiry concerns the impact on Personal Income Tax (IRPF) of a 'unit-linked' life insurance contract where the inquirers contribute assets but are neither policyholders nor beneficiaries. The DGT determines that no income from movable capital is generated for them and that the transfer of assets between the companies involved does not affect their IRPF.

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Lifecycle

2021-04-30PublishedPublished 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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