3. Life or temporary annuities derived from the imposition of capital

Remember

• In the case of immediate life annuities derived from life insurance contracts, which have not been acquired by inheritance, legacy or any other succession title, the result of applying the following percentages to each annuity will be considered as income from movable capital based on the age of the annuitant at the time of the establishment of the annuity:

  Age of the recipient	Applicable percentage
  Under 40 years old	40 percent
  Between 40 and 49 years old	35 percent
  Between 50 and 59 years old	28 per 100
  Between 60 and 65 years old	24 per 100
  Between 66 and 69 years old	20 per 100
  70 years or older	8 per 100

  These percentages, which will correspond to the annuitant's age at the time of establishing the annuity, will remain constant throughout the annuity's validity.

• In the case of immediate temporary income derived from life insurance contracts, which have not been acquired by inheritance, legacy or any other succession title, the result of applying the following percentages to each annuity based on the duration of the income will be considered as income from movable capital:

  Duration of the rental	Applicable percentage
  Less than or equal to 5 years	12 per 100
  Greater than 5 and less than or equal to 10 years	16 per 100
  Greater than 10 and less than or equal to 15 years	20 per 100
  Over 15 years	25 percent