Skip to content
Back to index
V0338-24 7 March 2024 · SG de Tributación de las Operaciones Financieras Criterion in force
IRPF · rescate de plan de pensiones

Deadline for 75% pension scheme redemption reduction expired on 31 December 2022 for contingencies occurring in 2020

The inquirer asks whether they can apply the 75% reduction to a lump-sum pension scheme redemption made in 2023. The DGT rules that if the contingency occurred in 2020, the deadline to apply the transitional reduction regimes expired on 31 December 2022.

The question raised

Possibility of applying the 75% reduction provided for in the transitional regime to a lump-sum redemption in 2023.

The DGT's ruling

The application of reductions under transitional regimes (40% or 75%) depends on whether the benefit is received in the tax year of the contingency or in the two following years. If the contingency occurred in 2020, the period for applying said benefits ended on December 31, 2022. Therefore, for a payment in 2023 with a contingency in 2020, the reduction is not applicable.

Book your free first meeting