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V3551-20 ·14 December 2020 ·consulta-vinculante Medium impact
Tax

Declaration of foreign assets required upon loss of ownership

The consultant asks about the obligation to submit a declaration of foreign assets after a sale and the taxation of the gain. The DGT states that loss of ownership triggers the submission of the declaration regardless of amount, and that gains are taxed in Spain as worldwide income.

In 6 key points

Lifecycle

2020-12-14PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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