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V0759-15 ·9 March 2015 ·consulta-vinculante Medium impact
Tax

Accountants in a cash pooling need not declare in Form 720 if the holding company is exempt

The DGT confirms that an accountant in a Finnish group is exempt from declaring cash pooling accounts in Form 720 if the holding company is Spanish and the accounts are recorded in its books.

In 6 key points

How it affects those involved

Accountants managing cash pooling accounts for Spanish holding companies are exempt from filing Form 720 if the accounts are recorded in the company's books.

Lifecycle

2015-03-09PublishedPublished 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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