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V1343-18 ·23 May 2018 ·consulta-vinculante Medium impact
FISCAL

Obligation to file Model 720 for foreign shares exceeding €50,000

A Spanish resident asks whether they must declare physical shares in a British company held in their possession. The tax authority responds that shares representing a foreign entity with a value exceeding €50,000 are subject to information reporting obligations.

In 6 key points

How it affects those involved

Residents holding foreign shares above €50,000 must file Model 720 to comply with reporting requirements.

Lifecycle

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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