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V5165-16 ·29 November 2016 ·consulta-vinculante Medium impact
Tax

Release of a co-debtor from a mortgage debt may be subject to Inheritance and Gift Tax

The inquirer asks whether excluding an ex-partner from a mortgage loan by assuming their debt is subject to ITPAJD or Gift Tax. The DGT indicates that if the release from the debt is carried out without consideration, it is considered a donation subject to Inheritance and Gift Tax.

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2016-11-29PublishedPublished 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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