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V1342-18 ·23 May 2018 ·consulta-vinculante Medium impact
FISCAL

Loan reporting obligation in crowdlending platforms depends on representative securities or bank accounts

A taxpayer asks whether Model 720 must be filed for contributions to foreign crowdlending platforms via a nominee account. The DGT responds that loan reporting is not required if no representative securities exist, but reporting is required if the nominee account balance exceeds the established limits.

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2018-05-23PublishedPublished 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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