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V3372-16 ·18 July 2016 ·consulta-vinculante Medium impact
FISCAL

Swiss Compensation Pension Taxed as Employment Income in Spain

A Spanish resident enquired about the tax treatment of a retirement pension from the Swiss Compensation Fund. The DGT states that such pensions are taxed as employment income in Spain, unless specific conditions relating to Swiss nationality and public origin are met.

In 5 key points

How it affects those involved

Pensions from the Swiss Compensation Fund are subject to Spanish income tax as employment income, unless certain conditions regarding Swiss nationality and public origin are satisfied.

Lifecycle

2016-07-18PublishedPublished 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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