Tax debt on documented legal acts (Transfer Tax and Stamp Duty)

With effect for tax periods beginning on after 10 November 2018, article m) of the LIS m establishes that the tax debt on Property Transfers and Documented Legal Acts, Documented Legal Acts category, notarial documents, will not be a deductible expense when it involves loan deeds with mortgage guarantee in which the taxpayer is lender (second paragraph of article 29 of the Revised Text of the Law on Property Transfers and Documented Legal Acts, approved by Royal Legislative Decree 1/1993, of 24 September).

Filling in form 200

In application of the provisions of this precept, the taxpayer in the tax period in which the aforementioned non-tax deductible expenses are recorded, must make a positive adjustment in box [01813] "Tax debt on documented legal acts ( ITP and AJD ) (art. 15 m) LIS)" on page 12 of form 200.