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V2016-18 ·5 July 2018 ·consulta-vinculante Medium impact
Tax

Refunds for floor clauses are non-taxable but require regularising main residence tax relief

A taxpayer has enquired about regularising their tax position after receiving a €5,082.12 refund following the removal of floor clauses. The Tax Agency has clarified that while the amount received does not constitute income, the taxpayer must repay any main residence tax relief previously applied incorrectly to those interest payments.

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2018-07-05PublishedPublished 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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