For life insurance contracts in euros, 12.1% social security contributions are due each year at the book-entry interests. Until now, contracts for unit-linked contracts or multi media, they applied only to settlement of the contract if the life insured.
If settlement of the contract by death, there was no social tax.
The Finance Act for 2010 Social Security payroll taxes to submit the death benefits from life insurance contracts multi media.
This applies to all interest accrued on the outstanding contracts at the outcomes of contract occurring on or after 1 January 2010, regardless of the date of signing the contract.
however, are not affected by this new measure: the contracts "disability savings," the survivor annuity, life insurance contracts and group contracts type "Madelin" Welfare or Corporate Retreat.
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