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V2901-16 ·23 June 2016 ·consulta-vinculante Medium impact
Tax

Loan novation changing joint and several liability to several liability is not subject to the variable rate of Stamp Duty

A query was raised regarding whether a deed of novation for a mortgage loan, which modifies the liability of the borrowers, is subject to the variable rate of Stamp Duty (Actos Jurídicos Documentados). The Directorate General for Taxes (DGT) ruled that this does not constitute a taxable event for said rate.

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2016-06-23PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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