In Guerrero, Esteban, we understand the importance of complying with tax obligations and we are here to help you present the Model 720, an information return on assets and rights located abroad.
What is the Model 720?
The Model 720 is a mandatory declaration to residents in Spain who own the property or rights abroad, the value of which exceeds 50,000 euros. Includes bank accounts, securities, rights, insurance, income, property and real estate.
Why is it important to present it?
Do not submit this statement may result in severe penalties, such as fines of up to € 10,000 by omission of data. With our expertise, we guarantee correct display and avoid any penalty.
Submission deadline
The Model 720 must be filed electronically between January 1 and march 31 of each year.
How can we help you?
With our experience and knowledge, assist you in gathering and reporting all the necessary information, ensuring regulatory compliance, and optimizing your tax situation.
For more information and queries, visit our website: Advice Torre del Mar.
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