Legal Advisors Barcelona

TAXES IN SPAIN FORM 720 IN MARCH

March is the month to submit the form 720 to the Tax office  (“Hacienda”). Remember that you have to prepare this important form mainly if you have abroad more than 50.000 euros in any of these three types of assets:

  • Bank accounts
  • Shares, investment funds, insurances and other financial products.
  • Real estate

In case you have submitted this form in previous years, you can also have to submit it this year if these declared assets have been sold or cancelled or if the value of these assets has increased in more than 20.000 years.

Due to the extremely strict penalties in case of mistakes, delay or lack of presentation of this declaration, we strongly suggest to do it with an expert in these questions an AGL.

Please contact us in case you need hel with this declaration (info@asesoriagarcialopez)

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