Skip to content
V1273-25 ·10 July 2025 ·consulta-vinculante Low impact
Tax

Uruguayan pension refunds taxed as income from work in Spain

A consultant asks about the Spanish IRPF treatment of a refund from Uruguay's AFAP. The DGT states that the amount is taxed as income from work and no double taxation deduction is allowed.

In 6 key points

How it affects those involved

Refunds from Uruguayan pension schemes are considered taxable income in Spain and cannot benefit from a double taxation deduction.

Lifecycle

2025-07-10PublishedPublished 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