The banks will have to pay

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GRAF3538 MADRID, 7/11/2018.-El presidente del Gobierno, Pedro Sánchez, durante la rueda de prensa que ha ofrecido hoy en el Palacio de La Moncloa en la que ha anunciado que cambiará la ley para que sea la banca y no el cliente el que deba pagar el impuesto sobre actos jurídicos documentados (AJD) en la firma de una hipoteca, pese a la decisión adoptada en la víspera por el Tribuna Supremo.EFE/Ballesteros

THE PUBLIC outcry caused by a Supreme Court ruling – which reversed a previous decision ordering banks to pay the substantial mortgage tax rather than their clients – has forced the government to announce a reform of the law.

Socialist party (PSOE) PM Pedro Sánchez is set to defy the courts in order to save customers thousands of euros over the tax.

Full story in today’s Costa Blanca News

 

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