Income from movable capital

Returns to be included in the savings tax base

Income from capitalization operations and life or disability insurance contracts

"Unit Linked" (life insurance contracts in which the policyholder assumes the investment risk)

With effect from July 11, 2021, article 3.1 of Law 11/2021, of July 9, on measures to prevent and combat fraud, has modified article 14.2.h) of the Law of PIT In relation to life insurance policies in which the policyholder assumes the investment risk, to adapt the requirements to the latest regulatory changes applicable to insurance companies.