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V0162-26 ·29 January 2026 ·consulta-vinculante Low impact
Tax

No obligation to file Model 720 if foreign assets below 50,000 euros

A Spanish resident sold shares in a foreign investment account and transferred the funds to a Spanish account. The DGT states there is no information obligation if the value of assets remains below legal thresholds.

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2026-01-29PublishedPublished 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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