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V1168-15 16 April 2015 · SG de Impuestos Patrimoniales, Tasas y Precios Públicos Criterion in force
ITPAJD · actos jurídicos documentados

Mortgage loan novation subject to tax on total liability if exemption requirements are not met

A query was raised regarding whether a deed for the novation and extension of a mortgage loan is subject to Stamp Duty (AJD) and whether the exemption under Law 2/1994 applies. The Directorate General for Taxes (DGT) ruled that the transaction is taxable on the total guaranteed amount and that the exemption does not apply to modifications of the repayment system.

The question raised

Cuestión planteada Tributación de la operación.

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