Skip to content
V1463-19 ·19 June 2019 ·consulta-vinculante Medium impact
Tax

Retirement contingency for the 40% reduction may be understood as the cessation of active retirement

The inquirer sought clarification on when the retirement contingency occurs for the purpose of applying the 40% reduction while in active retirement. The Directorate-General for Insurance and Pension Funds (DGT) responds that the contingency occurs upon accessing initial retirement; however, if the benefit is not collected during active retirement, the contingency is understood to occur at the moment full pension payments are reinstated.

In 6 key points

Lifecycle

2019-06-19PublishedPublished 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