FAQs
- Name, surname and tax identification number.
- Identification of the holder's Long-Term Savings Plan.
- Plan opening date (or the initial opening date if Plan resources have been mobilized).
- Contributions made to the Plan during the year, including, where appropriate, those prior to the mobilization of the Plan.
- Positive and negative returns on movable capital obtained during the year.
- In the event of termination of the Long-Term Savings Plan, the date of termination, the totality of the positive and negative capital gains obtained since the opening of the Plan and the basis of the payment on account that, if applicable, will be recorded, will be recorded. must be done.
It should only be included in form 280 to the extent that it involves income that is payable by the beneficiary.
In cases of termination of the PALP, either due to a provision prior to the 5-year term, or due to exceeding the annual contribution limit of 5,000 euros or due to other circumstances (due to expiration without reinvestment in another PALP, for example).
In these cases, both the accumulated positive returns and the accumulated negative returns must be declared separately.
In cases of termination of the Plan for reasons other than the provision prior to 5 years or exceeding the contribution limit of 5,000 euros per year, as occurs in cases of expiration of the Plan.
In these cases, they are allocated only in the part of the total amount of said negative returns that exceeds the sum of the returns of the same Plan to which the exemption would have been applicable.
Form 280 must be presented by the entity that markets the PALP, which will be:
- In the case of CIALP, the financial entity that markets it
- In the case of the SIALP, the insurance entity, even if it is marketed through the financial entity.
The information of taxpayers who have been holders of a PALP at any time during the year must be included in form 280, even if at the end of the year they no longer hold it.
Entity A must record in position 110 of record type 2 (declared record) the B-Low key of a Long-Term Savings Plan by mobilization to another insurance or credit entity. If the Plan had been opened that same year before the mobilization, you must submit the D-Registration code of a Long-Term Savings Plan and mobilization to another insurance or credit entity in the same year of opening.
Entity B must enter in that same position 110 the C-High key of a Long-Term Savings Plan mobilized from another insurance or credit entity.
All those carried out during the year to which the informative declaration refers, whether or not they exceed 5,000 euros per year.
For the Plan originator, the positive and negative capital gains and contributions for the year must be included, up to the date of mobilization of the Plan.
For its part, the declarant receiving the economic rights of the Plan must include the positive and negative capital gains and contributions for the year from the date of mobilization of the Plan.
Not necessarily, since retention is applicable in two specific cases of non-compliance: early withdrawal (total or partial) of the Plan or failure to comply with the maximum annual contribution limit of 5,000 euros. In these cases, the information related to the withholding base will coincide with the amount of positive returns accumulated since the opening of the Plan, including those that may be obtained upon its termination.
However, regardless of whether the return is subject to withholding or not, failure to comply with any requirement established in the standard (Additional Provision 26 of Law 35/2006) implies that the exemption of positive returns on movable capital is not applicable. generated during the validity of the Plan.
We must differentiate between:
- Termination due to disposition of the amounts before the 5-year period or for failing to comply with the maximum annual contribution limit of 5,000 euros: In this case, it must be recorded with key 1 in position 137 of record type 2 (declared record)
- Rest of extinctions: In this case, it must be recorded with key 2 in position 137 of record type 2 (declared record)
No. The exempt positive returns and the negative returns during the term of the Plan must be included only in form 280, and should not be declared in form 196. However, non-exempt positive returns must also be declared in form 196.
However, the rest of the information in relation to the Plan account (CIALP) relative to holders, average balance for the last quarter, balance as of December 31, etc. must be declared in form 196.