Judge tightens up rules mortgage calculation
Spent: 26 October 2004,11:48
THE HAGUE - the Supreme Court has the conditions for the calculation
tightened up of the mortgage interest. house own ears which a loan
conclude for maintenance or, are possible the verbouwing of their house
as of now the interest just deducts as from the moment that the expenditure
have been done. And no longer, like earlier the case was, on
moment that the loan was concluded.
The judgment of the highest court is with immediate
entrance effective. The ministry of finances wants clarity
concerning the mortgage interest calculation at maintenance or verbouwing and put
the matter until the Supreme Court.
At another tax rule the judge has more wide
position adopted then the ministry. According to the college makes
not from when of the account on which the money for
verbouwing has paid, money has been obtained for purchase of
for example a car. In the old situation crossed out
tax inspector the interest calculation in this case. The Supreme Court finds
however, that the lent money must be liquide available for
verbouwing or the maintenance.
(c) DUTCH PRESS AGENCY
Source "judge tightens up rules mortgage calculation": now.Netherlands
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