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V2026-22 ·21 September 2022 ·consulta-vinculante Medium impact
Tax

Life insurance returns must be taxed in the period when the benefit becomes due

A query was raised regarding whether the capital from a life insurance policy that matured in December 2020 but was collected in January 2021 should be taxed in the year of maturity or the year of collection. The DGT determines that the timing of tax imputation depends on when the amount becomes due to the beneficiary.

In 5 key points

Lifecycle

2022-09-21PublishedPublished 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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