Etiqueta 'Modelo 720'
Do you need to submit a Modelo 720 this year?
Assets are valued using the wealth tax rules as at 31st December each year. For bank accounts you also need to declare the average balance over the last three months of the year.
Modelo 720 March deadline
With joint assets, each owner needs to declare the full value (even if your share is less than €50,000) and indicate your percentage of ownership.
Tax
Brussels looks to clip Hacienda’s wings on Modelo 720
There may be relief ahead from the threat of Modelo 720 sanctions for taxpayers in Spain.
Filing your taxes in Spain
Filing your taxes in Spain.
The Modelo 720 declaration seen on the computer
The Modelo 720 declaration is filled out on the computer and submitted digitally to the tax office.
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