Skip to content
V1239-24 ·29 May 2024 ·consulta-vinculante Medium impact
Tax

Potential application of the 40% reduction on pension plan benefits for early retirement

A participant in an occupational pension plan with contributions made prior to 2007 sought clarification on the tax treatment of their benefit redemption following a collective redundancy. The Directorate General for Taxes (DGT) clarifies that if the benefit is collected as early retirement, the contingency is deemed to occur when the requirements for such collection are met.

In 6 key points

Lifecycle

2024-05-29PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact