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V2045-17 ·27 July 2017 ·consulta-vinculante Medium impact
Tax

No need to adjust main residence tax relief if floor clause refunds are used to repay mortgage principal

A taxpayer queried how to report refunds from floor clauses if the funds are used to repay the loan principal. The DGT clarified that it is not necessary to adjust tax relief for investment in the main residence if the financial institution applies the amounts directly to reduce the loan principal.

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2017-07-27PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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