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V2160-24 9 October 2024 · SG de Impuestos sobre la Renta de las Personas Físicas Criterion in force
IRPF · jubilación demorada

Lump-sum payment for delayed retirement is attributed to the tax year in which the pension becomes due

The taxpayer asks which tax year should be used for the lump-sum payment of the delayed retirement supplement if they retire on 1 January 2025. The DGT rules that this income must be attributed to 2025, as it is the year in which the pension becomes due.

The question raised

Temporal imputation in Personal Income Tax (IRPF) of the lump-sum payment for deferred retirement.

The DGT's ruling

Deferred retirement supplements are earned income imputed to the tax period in which they become due. Since the economic effects of the pension occur from the day following the date of the triggering event, if retirement occurs on January 1, 2025, the lump-sum payment shall be due in said tax year.

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