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V1474-23 ·31 May 2023 ·consulta-vinculante Medium impact
Tax

Life insurance payouts with same policyholder and beneficiary taxed as capital gains

The taxpayer asks about the taxation of temporary income and a final capital payment from a life insurance policy. The tax authority states that when the policyholder and beneficiary are the same person, the amounts are subject to IRPF as capital gains.

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2023-05-31PublishedPublished 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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