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V3056-18 ·28 November 2018 ·consulta-vinculante Medium impact
Tax

Private loan repayment may be prioritised over mortgage for reinvestment exemption

A taxpayer inquired whether funds from the sale of their primary residence could be used first to repay a family loan and subsequently to partially amortise the mortgage on a new property. The Directorate General for Taxes (DGT) ruled that there is no mandatory order of payments required to qualify for the tax exemption.

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2018-11-28PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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