Etiqueta 'Overseas assets'
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.
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.
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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