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V0935-16 ·10 March 2016 ·consulta-vinculante Medium impact
Tax

Company assumption of partners' debt may be subject to Gift Tax or exempt from ITP and AJD

A consultation was made regarding whether a company's assumption of partners' bank debt for hotel construction is subject to AJD or ITP. The DGT indicates that this depends on whether the assumption is gratuitous or onerous, and whether there is an express allocation of assets.

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2016-03-10PublishedPublished 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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