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V1331-16 31 March 2016 · SG de Tributos Criterion in force
OTRO · declaración informativa

Obligation to report loss of ownership of foreign securities, regardless of the €20,000 threshold

A taxpayer inquired whether they must file an informative return regarding assets held abroad after selling bonds and purchasing others without the total value exceeding €20,000. The Directorate General for Taxes (DGT) ruled that the sale of securities triggers the obligation to report the termination of ownership, regardless of the amount involved.

The question raised

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