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The taxpayer asks whether the 40% reduction can be applied when withdrawing from other pension plans in 2019 after retiring in 2011. The tax authority responds that the reduction can only be used once and that the transitional regime period for 2011 cases expired on 31 December 2019.
The 40% reduction for pension plan withdrawals is only available once and expires for cases arising in 2011 by 31 December 2019.
The fiscal team reviews your specific situation.
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