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Increase of the Stamp Duty in Valencia Region

From January 2012, the Stamp Duty in Valencia Region has been increased from 1 % to 1,2%.

This tax is paid in the following transactions:

– Purchase of new properties

– Mortgage credits

– Declarations and modifications of deeds (New Bildings, Setting up of companies, Disolution of co-ownership, etc.)

This increase is not definitive, and will be kept till December 2013. In this date, the Valencian authorities will decide to keep it or modify it.

 

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