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V1437-23 ·25 May 2023 ·consulta-vinculante Medium impact
Tax

Mortgage debt repayment via life insurance taxed as income from movable capital

An insured individual suffers a permanent disability, and the insurer pays the credit institution to repay part of their mortgage. The Tax Agency has ruled that this amount must be taxed as income from movable capital.

In 6 key points

Lifecycle

2023-05-25PublishedPublished 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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