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V5451-16 ·27 December 2016 ·consulta-vinculante Medium impact
Tax

Award of share in mortgaged land creates gain or loss

The tax treatment of acquiring a share in land securing a loan is examined. The DGT determines that the transfer results in a gain or loss and sets out conditions for recognising a loss due to unrecovered credit.

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2016-12-27PublishedPublished 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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