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V0727-24 ·16 April 2024 ·consulta-vinculante Medium impact
Tax

Right to tax deduction for main residence investment maintained if current mortgage is cancelled and a new one is taken out simultaneously

A taxpayer inquired whether switching banks by cancelling an existing mortgage and taking out a new one preserves the right to the tax deduction for investment in the main residence, and whether the transaction costs are deductible. The Directorate General of Taxes (DGT) ruled that if the operations are carried out simultaneously, the right is maintained and the associated costs are deductible.

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2024-04-16PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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