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V2455-22 ·30 November 2022 ·consulta-vinculante Medium impact
Tax

Severance payments following an employee's death are subject to Inheritance Tax

A widow has requested clarification on the tax treatment of income from a collective redundancy agreement following her husband's death. The DGT has determined that income accrued up to the date of death constitutes employment income of the deceased, whereas subsequent payments are assets subject to Inheritance Tax.

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2022-11-30PublishedPublished 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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