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V1461-19 ·19 June 2019 ·consulta-vinculante Medium impact
Tax

Life annuities cannot decrease by more than 5% annually to maintain tax exemption

A query was raised regarding the annual amount requirements for annuities to qualify for capital gains tax exemption for individuals over 65. The DGT clarifies that the annual amount received cannot be less than 95% of the previous year's amount.

In 6 key points

Lifecycle

2019-06-19PublishedPublished 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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