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MEDIUM
FISCAL

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

V1559-25

Prepared and reviewed by the BMC editorial team  ·  Methodology

Technical details

Type
consulta-vinculante (what is this?)
Identifier
V1559-25
Published
3 Sept 2025

Summary

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

Lifecycle

2025-09-03PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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