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V3851-15 ·3 December 2015 ·consulta-vinculante Medium impact
Tax

Mortgage loan novation is not exempt under the cooperative regime, but may be under Law 2/1994

A protected cooperative has enquired whether the novation of a mortgage loan to change the repayment schedule from annual to monthly is exempt from Stamp Duty (AJD). The DGT ruled that the exemption under the Cooperatives Act does not apply, although the exemption under Law 2/1994 could apply if its specific requirements are met.

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2015-12-03PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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