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V1842-14 ·9 July 2014 ·consulta-vinculante Medium impact
Tax

Cancellation of a guarantee is not subject to Stamp Duty

A taxpayer inquired whether the removal of a guarantor in a mortgage loan subrogation deed is subject to Stamp Duty (AJD). The DGT ruled that the cancellation of a guarantee does not constitute a taxable event for this tax.

In 6 key points

How it affects those involved

This ruling clarifies that the termination of a guarantee within a subrogation deed does not trigger Stamp Duty, providing legal certainty for mortgage restructuring processes.

Lifecycle

2014-07-09PublishedPublished 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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