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V1225-15 ·20 April 2015 ·consulta-vinculante Medium impact
Tax

Obligation to file Model 720 if you have disposal power over foreign accounts

A person authorised on a foreign current account with a balance exceeding 50,000 € asks whether they must submit the information declaration. The DGT confirms that the obligation to file Model 720 applies, unless legal exemptions are in force.

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2015-04-20PublishedPublished 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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