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V1371-20 ·12 May 2020 ·consulta-vinculante Medium impact
Tax

Reinvestment exemption may be applied by using part of the funds to repay a mortgage

A taxpayer inquired whether funds from the sale of their primary residence could be used both to purchase a new home and to settle the mortgage on it. The Directorate General of Taxes (DGT) ruled that both amounts are considered part of the reinvested sum.

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2020-05-12PublishedPublished 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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