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V0998-21 ·20 April 2021 ·consulta-vinculante Medium impact
Tax

No obligation to declare crowdlending loans in Model 720 without representational securities

The consultant asks whether Model 720 must be filed for foreign crowdlending investments exceeding 50,000 euros. The DGT responds that loans without representational securities do not need to be declared, but balances of available cash in the omnibus account above 50,000 euros must be reported.

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2021-04-20PublishedPublished 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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