Skip to content
V0576-20 ·11 March 2020 ·consulta-vinculante Medium impact
Tax

Ownership condition determines foreign assets declaration obligation

The consultant asks whether they must submit the declaration of foreign assets and rights for tax year 2019. The DGT responds that no obligation exists regarding the bank account or shares, as no ownership is held.

In 6 key points

How it affects those involved

No reporting obligation arises for foreign bank accounts or shares where ownership is not held.

Lifecycle

2020-03-11PublishedPublished 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