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V0104-14 ·20 January 2014 ·consulta-vinculante Medium impact
Tax

Currency exchange in mortgage loans may result in capital gains or losses

A query was raised regarding whether currency exchange in a multi-currency mortgage loan triggers a tax obligation. The DGT ruled that any variation in the amount of debt in euros resulting from currency exchange constitutes a capital gain or loss.

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2014-01-20PublishedPublished 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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