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V1290-21 ·7 May 2021 ·consulta-vinculante Medium impact
Tax

Annual tax on unit linked insurance profits not applied if investments are replaced before transitional period ends

An insurer asks whether UK unit linked policyholders moving to Spain must annually pay tax on the liquidation value changes. The DGT clarifies that to avoid this special rule, investments must meet specific requirements throughout the policy term.

In 6 key points

Lifecycle

2021-05-07PublishedPublished 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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