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V0954-14 ·3 April 2014 ·consulta-vinculante Medium impact
Tax

No mandatory to file Model 720 if foreign assets increase by no more than €20,000

A taxpayer asks whether they must file the foreign assets declaration (Model 720) for 2013 after filing for 2012. The tax authority responds that no obligation exists if the total value of assets has increased by no more than €20,000 compared to the previous declaration.

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2014-04-03PublishedPublished 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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