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V0137-24 ·16 February 2024 ·consulta-vinculante Medium impact
Tax

Mortgage novations regarding interest rates or terms are exempt from AJD, but other modifications are taxable

A query was raised regarding whether mortgage loan novation deeds that modify the interest rate or term are subject to ITP and AJD. The DGT ruled that these specific modifications are exempt from the gradual AJD levy, whereas other modifications involving valuable content remain taxable.

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2024-02-16PublishedPublished 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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