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A taxpayer inquired whether switching banks by cancelling an existing mortgage and taking out a new one preserves the right to the main residence investment tax deduction, and whether the transaction costs are deductible. The Directorate General for Taxes (DGT) ruled that the simultaneous nature of these actions allows the right to the deduction to be maintained.
The tax team reviews your specific situation.
Partner-attended · reply within 24 business hours
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