M 720 - Declaration of foreign assets

Form M 720 for residents

On the 1st of January the declaration period for foreign assets starts if you are resident in Spain. It is important that this informative declaration of your assets abroad is completed. From this year on wards (2022 => 2021 taxable year) all crypto coins held abroad have to be declared as assets. If you have crypto coins in your possession, it is advisable to contact us to find out whether or not you need to declare these assets.

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