Skip to content
V0293-22 ·16 February 2022 ·consulta-vinculante Medium impact
Tax

Model 720 must be filed upon ceasing to be a holder of foreign accounts

The consultant asks whether a foreign assets declaration is required after ceasing to hold certain foreign accounts. The DGT responds that the obligation continues to report the balance as of the date the holder status ended.

In 6 key points

Lifecycle

2022-02-16PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

Does this provision affect you?

The tax team reviews your specific situation.

Talk to the tax team
This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
Email
Contact