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V0627-17 ·9 March 2017 ·consulta-vinculante Medium impact
Tax

No need to regularise main residence tax relief if floor clause refunds are used to reduce loan principal

The inquirer asks whether the refund of interest from 'floor clauses' must be taxed if the funds are used to repay the loan. The DGT rules that such refunds do not form part of the Personal Income Tax (IRPF) taxable base and that it is not necessary to regularise previous tax relief if the amount is used directly to reduce the loan principal.

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2017-03-09PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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