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V1559-25 ·3 September 2025 ·consulta-vinculante Medium impact
Tax

50,000 euro threshold for Model 720 applies separately to each asset block

A taxpayer asks whether the 50,000 euro exemption limit in Form 720 is calculated on total foreign assets or per block. The DGT clarifies that the limit applies independently to each of the three information blocks.

In 6 key points

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2025-09-03PublishedPublished 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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