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V0092-14 ·16 January 2014 ·consulta-vinculante Medium impact
Tax

No obligation to submit Form 720 under displaced workers special regime

The DGT confirms that individuals under the special regime for displaced workers (Art. 93 LIRPF) are not required to submit the foreign assets declaration as they are not subject to tax on the integrity of their income.

In 6 key points

How it affects those involved

Taxpayers in the special regime for displaced workers are exempt from submitting Form 720 due to the absence of income tax on their total income.

Lifecycle

2014-01-16PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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