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V0813-17 ·30 March 2017 ·consulta-vinculante Medium impact
FISCAL

Obligation to declare foreign bank accounts and derivatives: distinction between bank accounts and derivative instruments

The consultant asks whether investments in shares, CFDs, futures and forex abroad must be reported in Form 720. The tax authority responds that shares must be declared, but derivatives do not, although information on the cash account used for trading must be provided.

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2017-03-30PublishedPublished 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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