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V0567-14 ·4 March 2014 ·consulta-vinculante Medium impact
Tax

Inversion of the passive party in property transfer to extinguish a secured debt

The DGT confirms that the passive party's inversion applies when immovable property is transferred to settle a secured debt or when the buyer is obliged to extinguish it.

In 6 key points

How it affects those involved

This mechanism allows debt settlement through property transfer under specific conditions involving secured loans and business transactions.

Lifecycle

2014-03-04PublishedPublished 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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