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V2810-17 31 October 2017 · SG de Tributación de las Operaciones Financieras Criterion in force
IRPF · rendimientos del trabajo

Potential application of the 40% reduction to pension plan benefits received as a lump sum

A retiree has enquired about applying the 40% tax reduction when receiving their pension plan as a lump sum. The DGT clarifies that this reduction applies to the portion of the benefit corresponding to contributions made up to 31 December 2006, provided that all legal deadlines and requirements are met.

The question raised

Taxation of benefits received. In particular, the method for applying the 40 percent reduction.

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