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V1238-15 ·23 April 2015 ·consulta-vinculante Medium impact
Tax

Directorial severance payments are fully taxable under IRPF

The DGT confirms that severance payments to top executives are fully taxable as there are no mandatory caps set by Royal Decree 1382/1985.

In 6 key points

How it affects those involved

Severance payments to senior executives are fully taxable under IRPF with no exemption due to the absence of mandatory caps.

Lifecycle

2015-04-23PublishedPublished 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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