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V0788-21 ·5 April 2021 ·consulta-vinculante Medium impact
Tax

Declaration of foreign assets required upon loss of shareholding

Consultants ask whether they must submit the declaration of foreign assets after selling bonds and reinvesting the proceeds. The DGT responds that losing shareholding at any time during the year triggers the obligation to file the declaration, regardless of the amount.

In 6 key points

How it affects those involved

Taxpayers must file a declaration of foreign assets if they lose ownership of securities during the year, irrespective of the value involved.

Lifecycle

2021-04-05PublishedPublished 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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