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V0965-14 ·4 April 2014 ·consulta-vinculante Medium impact
Tax

Obligation to file Model 720 upon account cancellation or balance increase above 20,000 euros

The consultant asks what information must be included in the 2013 information declaration after opening foreign accounts and transferring balances. The DGT clarifies that the obligation to submit Model 720 arises from account cancellations or increases in balance exceeding 20,000 euros compared to the previous declaration.

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2014-04-04PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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