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V1012-25 ·17 June 2025 ·consulta-vinculante Medium impact
Tax

Information obligation for model 721 depends on virtual currency balances as of 31 December

The consultant asks which balances to use to determine if model 721 reporting is required. The tax authority responds that the obligation is determined solely by the balances as of 31 December.

In 6 key points

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2025-06-17PublishedPublished 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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