The Minister of Finance, María Jesús Montero, said today that the autonomous communities calculate in 5,000 million euros the potential impact of the return of the tax associated with mortgages in case the Supreme Court decides that the bank should pay it retroactively of four years.
During her speech at the Cinco Días Forum, the minister stressed that the government has prepared a "plan" in case the ruling is favorable to home buyers, so that actions are coordinated with autonomous communities and financial entities.
Likewise, this plan also considers the potential impact of these refunds, even if temporary, affecting the public deficit, that is, that coincides with the claim to financial institutions so that the deficit does not have to be borne by public accounts.
"If that happened," he warned, it would mean an increase of four or five tenths in the deficit target, which would "put the exit of the excessive deficit procedure at risk."
The plenary session of the administrative contentious court of the Supreme Court today retakes its analysis on the doctrine of the recent ruling that considers that the bank must assume the payment of the tax of legal acts documented (AJD) of the mortgages, and not the client.