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V0815-24 ·22 April 2024 ·consulta-vinculante Medium impact
Tax

Mortgage repayments are not transfer costs, but reduce the amount eligible for reinvestment relief

The taxpayer asks how to calculate capital gains if there is an outstanding mortgage and whether that loan can be used to reduce the transfer value. The Tax Agency clarifies that mortgage repayments are not considered a sale expense, but they do allow for a reduction in the total amount received when calculating the reinvestment exemption.

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2024-04-22PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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