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V1212-21 ·4 May 2021 ·consulta-vinculante Medium impact
Tax

The assumption of a spouse's debt without consideration may be subject to Inheritance and Gift Tax

A taxpayer inquires whether assuming their spouse's mortgage debt to release them from the obligation to pay constitutes a gift. The DGT explains that if the release is without consideration, it is considered a gift, but if a private loan exists to repay the money, there would be no gift.

Lifecycle

2021-05-04PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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