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V1195-15 ·17 April 2015 ·consulta-vinculante Medium impact
Tax

Agency services for the transfer of mortgage credit rights are located where the property is situated

An agency firm inquired whether the processing of deeds for the assignment of mortgage credits (secured by real estate) should be taxed under the general rule or the special rule for real estate. The DGT determined that, as the purpose is to effect a legal modification of the asset, the special rule regarding the location of services related to real estate applies.

In 6 key points

How it affects those involved

This ruling clarifies the VAT location rules for professional services involving the transfer of mortgage rights, confirming that they follow the location of the underlying real estate rather than the general rule for services.

Lifecycle

2015-04-17PublishedPublished 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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