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V4183-16 30 September 2016 · SG de Impuestos Patrimoniales, Tasas y Precios Públicos Criterion in force
ITPAJD · novación hipotecaria

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.

The question raised

Cuestión planteada Tributación de la operación.

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