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V2400-24 ·25 November 2024 ·consulta-vinculante Medium impact
Tax

40% reduction on pension plan lump sum withdrawals available until 31 December 2025 (for 2023 contingencies)

The taxpayer inquired whether the 40% reduction could be applied to pension plan withdrawals made in 2024 and 2025 for contributions made prior to 2007. The Directorate General for Taxes (DGT) clarified that if retirement occurred in 2023, the deadline to apply this transitional regime is 31 December 2025.

In 6 key points

Lifecycle

2024-11-25PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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