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V1317-19 ·6 June 2019 ·consulta-vinculante Medium impact
Tax

Statutory severance pay exemption capped at 180,000 euros

The DGT clarifies that tax exemption for severance pay from a collective dismissal is limited to the statutory amount under the Workers' Statute and a maximum of 180,000 euros.

In 6 key points

How it affects those involved

Severance payments from collective dismissals are exempt from personal income tax up to the statutory limit and 180,000 euros.

Lifecycle

2019-06-06PublishedPublished 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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