At the time of divorce, one of the considerations that must be taken into account is the fiscal impact that it will have on us. The implications are diverse and in this brief text we will explain the taxation regarding alimony.
Alimony for children (not to be confused with compensatory pension or allowance) is a pension where the amount of the pension will be taxed and will not be a deductible expense in any case. However, although it is not a deductible expense, it may be taxed (in accordance with articles 64 and 75 of the LIRPF) at a lower rate than the applicable general rate.
The case is different for the beneficiary of this type of pension. He is not obliged to pay taxes on it, and the amount is exempt from tax for the beneficiary. Furthermore, the parent who has custody of the beneficiary may apply a reduction of the personal and family minimum, paying taxes jointly with the beneficiary, of whom, as mentioned, the taxpayer will have to have custody.
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