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V2555-19 ·19 September 2019 ·consulta-vinculante Medium impact
Tax

Retirement contingency for applying the 40% reduction generally occurs upon initial retirement

A query was made regarding when the retirement contingency is deemed to occur for the purpose of applying the 40% reduction in pension plans when the individual is in active retirement. The DGT ruled that the contingency occurs upon accessing initial retirement, unless the plan benefit is not collected until the active retirement period ends.

In 6 key points

Lifecycle

2019-09-19PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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