Registration, mortgage and land registry taxes are three indirect taxes.
The registration tax applies to deeds and documents:
- subject to registration;
- that include a transfer of wealth;
- the object of which is a type of property.
The tax base is the value of the activity performed reported in the deed or document.
The mortgage tax must be paid when information or data are registered, transcribed, renewed or noted on a public registry and its documents are deeds or contracts of:
- succession;
- donation;
- purchase;
- the establishment of a mortgage, usufruct or other rights.
The calculation is made either on a fixed or proportional basis.
Lastly, the land register tax applies when data or information are communicated or modified in a public register by means of a document that is referred to as cadastral registration.
This tax is mandatory if the registration refers to deeds or contracts of:
- succession;
- donation;
- purchase.
The calculation is made either on a fixed or proportional basis.
For further information on these three indirect taxes, please refer to the In-depth guide to registration, mortgage and land registry taxes.