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V0067-16 ·12 January 2016 ·consulta-vinculante Medium impact
Tax

A maximum mortgage cannot be deducted if it only serves as a guarantee for future obligations

An heir inquires whether a maximum mortgage established to guarantee the expenses of a nursing home can be deducted as a debt in Inheritance Tax. The DGT responds that no current debt exists and, therefore, the deduction is not applicable.

In 6 key points

Lifecycle

2016-01-12PublishedPublished 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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