New tax treatment of pension plans

Abstract

Pension plans are one of the most important instruments of private social security and complementary to public pensions. To promote them, the tax legislator has traditionally contemplated a series of tax benefits, among which the deferral of the payment of personal income tax stands out. This paper will analyze, on the one hand, the new tax regime of contributions from the point of view of the participant; on the other hand, the tax treatment of contributions made by promoters to the pension plans of the employment system; and, finally, the taxation of benefits received from pension plans by participants and beneficiaries.