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V0991-24 ·10 May 2024 ·consulta-vinculante Medium impact
Tax

Loans with below-market interest rates remain benefits in kind even without an employment relationship

A former bank employee inquired whether the financial advantage of her mortgage constitutes a second payer. The DGT ruled that the benefit from the reduced interest rate is considered income in kind from employment and constitutes a second payer.

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2024-05-10PublishedPublished 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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