Doctrine by topic · DGT Observatory

Reporting Obligation: DGT doctrinal evolution

How the DGT's position on this topic has evolved, and the rulings it rests on.

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How the DGT's position has evolved

Settled doctrine High confidence 42 rulings · 2014–2026

Current position

The obligation to report assets held abroad depends on ownership or beneficiary status as of December 31 or having held such status at any time during the year. For crypto-assets (Form 721), the obligation arises if the balance of virtual currencies exceeds 50,000 euros, regardless of valuation variations during the fiscal year. In Form 347, transactions with third parties exceeding 3,005.06 euros must be included, based on the invoice entry rather than the payment.

The DGT's position remains stable regarding the obligation to report due to the loss of ownership during the year. A diversification of reporting duties is observed with the incorporation of new forms for crypto-assets (721) and the clarification of criteria for Form 347. The doctrine confirms that the reporting obligation is triggered by the status of owner or beneficiary at any time during the fiscal year.

Turning points

  1. V2301-21

    Establishes that goods transport services related to exports outside the EU must be included in Form 347 if they exceed 3,005.06 euros.

  2. V1012-25

    Defines that for Form 721, the obligation is determined by the balance of virtual currencies as of December 31, making annual valuation variations irrelevant.

Analysis based on 38 of 42 rulings with a stated position. Updated 23 September 2026.

Rulings on this topic

24
V1051-26 13 May 2026

Requirement to report foreign property and accounts in Model 720 under specific conditions

SG de Tributos
modelo 720bienes en el extranjeroganancia patrimonialrendimientos del capital inmobiliarioobligación de información LGT — Ley 58/2003 General Tributaria art. disposición adicional decimoctavaRGAT — RD 1065/2007, Reglamento General de Actuaciones Tributarias art. 42 bis
Affects CompanyExpat · Non-residentIndividual
V0993-26 5 May 2026

No obligation to report loans on financing platforms without representative securities

SG de Tributos
modelo 720financiación participativacesión de capitales propiosvalores representativosobligación de información LGT — Ley 58/2003 General Tributaria art. disposición adicional decimoctavaRGAT — RD 1065/2007, Reglamento General de Actuaciones Tributarias art. 42 bis
Affects CompanyExpat · Non-residentIndividual
V1559-25 3 Sept 2025

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

SG de Tributos
modelo 720obligación de informaciónbloque patrimoniallímite cuantitativobienes en el extranjero RGAT — RD 1065/2007, Reglamento General de Actuaciones Tributarias art. 39RGAT — RD 1065/2007, Reglamento General de Actuaciones Tributarias art. 42 bis
Affects CompanyExpat · Non-residentIndividual
V0751-25 28 Apr 2025

Tax obligation to file Model 720 depends on fiscal residency in Spain

SG de Tributos
residencia fiscalmodelo 720bienes en el extranjeroobligación de informacióntitularidad real LGT — Ley 58/2003 General Tributaria art. disposición adicional decimoctavaLIRPF — Ley 35/2006 del IRPF art. 9
Affects CompanyExpat · Non-residentIndividual
V1619-24 3 Jul 2024

Gifts to people over 65 by a foundation taxed as patrimonial gains in income tax

SG de Impuestos sobre la Renta de las Personas Físicas
ganancias patrimonialesrendimientos del trabajoimpuesto sobre sucesiones y donacionesretención a cuentaobligación de información LIRPF — Ley 35/2006 del IRPF art. 6.4LIRPF — Ley 35/2006 del IRPF art. 17.1
Affects CompanyExpat · Non-residentIndividual
V0522-24 9 Apr 2024

No obligation to declare foreign property until ownership is acquired

SG de Tributos
declaración informativabienes inmuebles en el extranjerotitularidadtitular realobligación de información LGT — Ley 58/2003 General Tributaria art. 29LGT — Ley 58/2003 General Tributaria art. 93
Affects CompanyExpat · Non-residentIndividual
V0077-24 16 Feb 2024

Annual declaration required for third-party transactions exceeding €3,005.06

SG de Tributos
declaración anual de operaciones con terceras personasactividades empresarialesanotación registralmodelo 347obligación de información LGT — Ley 58/2003 General Tributaria art. 89.1LGT — Ley 58/2003 General Tributaria art. 93.1
Affects CompanyExpat · Non-residentIndividual
V0043-23 16 Jan 2023

Homeowners' associations must file Form 184 if income exceeds €3,000

SG de Impuestos sobre la Renta de las Personas Físicas
atribución de rentascomunidad de propietariosmodelo 184subvenciónganancia patrimonial LIRPF — Ley 35/2006 del IRPF art. 8.3LIRPF — Ley 35/2006 del IRPF art. 33.1
Affects CompanyExpat · Non-residentIndividual
V0737-21 29 Mar 2021

Duty to file foreign assets declaration if total value exceeds €50,000

SG de Tributos
declaración informativamodelo 720bienes inmueblesvalor de adquisicióntitular real LGT — Ley 58/2003 General Tributaria art. disposición adicional decimoctavaLGT — Ley 58/2003 General Tributaria art. 29
Affects CompanyExpat · Non-residentIndividual
V0453-21 3 Mar 2021

No mandatory to declare participatory financing loans without representative securities

SG de Tributos
modelo 720financiación participativacesión de capitales propiosvalores representativoscuenta ómnibus RGAT — RD 1065/2007, Reglamento General de Actuaciones Tributarias art. 42.bisRGAT — RD 1065/2007, Reglamento General de Actuaciones Tributarias art. 42.ter
Affects CompanyExpat · Non-residentIndividual
V3282-20 4 Nov 2020

Voluntary submission of form 189 to avoid form 720 not feasible

SG de Tributos
modelo 189modelo 720entidad depositariaentidad comercializadoraobligación de información LGT — Ley 58/2003 General Tributaria art. 17.5LGT — Ley 58/2003 General Tributaria art. 29
Affects CompanyExpat · Non-residentIndividual
V1419-20 14 May 2020

Homeowners' associations must file Form 184 if income exceeds €3,000

SG de Impuestos sobre la Renta de las Personas Físicas
atribución de rentascomunidad de propietariosmodelo 184ganancia patrimonialsubvención LIRPF — Ley 35/2006 del IRPF art. 8.3LIRPF — Ley 35/2006 del IRPF art. 33.1
Affects CompanyExpat · Non-residentIndividual
V0576-20 11 Mar 2020

Ownership condition determines foreign assets declaration obligation

SG de Tributos
declaración informativabienes en el extranjerotitularidadtitular realobligación de información LGT — Ley 58/2003 General Tributaria art. 29LGT — Ley 58/2003 General Tributaria art. 89.1
Affects CompanyExpat · Non-residentIndividual
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