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V1445-23 ·25 May 2023 ·consulta-vinculante Medium impact
Tax

Deadline for 40% pension plan reduction ends 31 December 2024 if redeemed early due to redundancy

A taxpayer enquired about the deadline to apply the 40% reduction when redeeming a pension plan following a collective redundancy. The Directorate General for Taxes (DGT) ruled that if the benefit is redeemed early due to redundancy, the contingency occurs at the moment the requirements for such redemption are met.

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Lifecycle

2023-05-25PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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