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V2581-18 ·20 September 2018 ·consulta-vinculante Medium impact
Tax

Mortgages securing third-party debt are not deductible for Inheritance Tax

A query was raised regarding whether a mortgage on an inherited property, which secures the debt of a third party, is deductible. The DGT ruled that it is not deductible as it does not constitute a debt of the deceased.

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2018-09-20PublishedPublished 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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