Skip to content
V1431-23 ·25 May 2023 ·consulta-vinculante Medium impact
Tax

Calculation of income from movable capital upon receipt of a life insurance payout

A taxpayer asks how to calculate the return and retention on a life insurance payout received in 1994. The DGT explains that the return is the difference between the capital and premiums, with possible additional deductions if specific conditions are met.

In 6 key points

How it affects those involved

Provides clarity on the calculation of returns and retention for life insurance payouts from 1994.

Lifecycle

2023-05-25PublishedPublished 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