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V1460-15 ·11 May 2015 ·consulta-vinculante Medium impact
Tax

ITPAJD exemption applies to both loans and mortgage credits in cases of novation

The applicant inquired whether the exemption for the novation of mortgage loans also applies to mortgage credits. The DGT ruled that the exemption applies to mortgage financing in general, regardless of whether it is structured as a loan or a credit.

In 6 key points

How it affects those involved

This ruling clarifies that the tax exemption for novation applies broadly to all forms of mortgage financing, providing legal certainty for both loans and credit lines.

Lifecycle

2015-05-11PublishedPublished 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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