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V2205-14 ·7 August 2014 ·consulta-vinculante Medium impact
Tax

Life insurance payouts are taxed as income from movable capital

A query was made regarding the tax treatment of premiums and the capital sum of a life insurance policy taken out in 1994. The DGT ruled that the taxable income is the difference between the capital received and the premiums paid.

In 6 key points

Lifecycle

2014-08-07PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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