Competent Administration for the Transfer Tax and Stamp Duty tax return in case of the addition of a guarantor to a mortgage novation deed
Sunday, 22 January 2012 20:20

The Law Coordination and Evaluation Committee has ruled on the allocation factor applicable to the Transfer Tax and Stamp Duty return following the addition of a new guarantor to a mortgage novation deed.  It distinguished between the one applicable to increasing the loan and that applicable to the incorporation of the new guarantor.

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