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Share Name Share Symbol Market Type
Caixabank (PC) USOTC:CAIXY Other OTC Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +$0.01 +0.75% $1.345 $1.34 $1.35 $1.36 $1.34 $1.34 218,646 20:59:51

Spanish Government Decrees Banks, Not Clients, Will Pay Mortgage Tax -EFE

08/11/2018 6:29pm

Dow Jones News


Caixabank (PC) (USOTC:CAIXY)
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--The Spanish government on Thursday decreed that banks, and not clients, will have to pay the stamp duty tax on mortgages, reports EFE.

--The decree follows confusion about who had to pay the tax after a Supreme Court ruled this week that clients were responsible for paying the tax, reversing a previous ruling from October that it was in fact the banks' responsibility. Up until now, it was clients who paid the tax.

 

Full story in Spanish: https://bit.ly/2qBaYjp

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

November 08, 2018 13:14 ET (18:14 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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