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V0010-24 ·13 February 2024 ·consulta-vinculante Medium impact
Tax

Is debt from refinancing a property purchase in Spain deductible?

A non-resident asks whether debt from a new personal loan used to refinance a previous mortgage for property purchase in Spain is deductible under the Wealth Tax. The DGT responds that the debt is deductible based on its purpose, provided it can be proven that it was used to acquire the property in Spain.

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2024-02-13PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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