Income from movable capital

Income to be included in the taxable savings 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 11 July 2021, Article 3.1 of Law 11/2021, of 9 July, on measures to prevent and combat fraud, has amended Article 14.2.h) of the Tax Law in relation to life insurance in which the policyholder assumes the investment risk, in order to adapt the requirements to the latest regulatory changes applicable to insurance companies.