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V1663-14 ·30 June 2014 ·consulta-vinculante Medium impact
Tax

Insurance premiums paid by a company may be deductible for calculating returns on movable capital if they were subject to tax imputation

An employee inquired whether insurance premiums for a retirement plan paid by her employer could be deducted when calculating the income obtained upon maturity. The Directorate General for Taxes (DGT) ruled that, since these premiums have already been taxed as benefits-in-kind (employment income), they may be accounted for as premiums paid to determine the return on movable capital.

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2014-06-30PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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