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V1915-18 ·29 June 2018 ·consulta-vinculante Medium impact
Tax

Taxable base for mortgage loan assignments: outstanding principal plus interest and similar charges

The inquiry seeks to determine the taxable base for Stamp Duty (Documented Legal Acts Tax) in the assignment of mortgage-backed credits. The Directorate General for Tax (DGT) rules that the base is the guaranteed amount, comprising the outstanding principal and any agreed interest or penalties, provided they are lawful.

In 6 key points

How it affects those involved

This ruling clarifies the calculation of the tax base for mortgage assignments, ensuring that all guaranteed components, including interest and penalties, are included in the taxable amount.

Lifecycle

2018-06-29PublishedPublished 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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