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V4183-16 ·30 September 2016 ·consulta-vinculante Medium impact
Tax

Mortgage novation involving changes to term and interest, and debt forgiveness, are subject to and exempt from AJD tax

An entity has requested a ruling regarding the taxation of a deed that includes debt refinancing (extension of term and reduction of interest rates) and a debt write-off. The DGT has determined that both operations benefit from specific exemptions under the tax.

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2016-09-30PublishedPublished 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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