Spain: Tax declaration for virtual assets abroad (Model 721)
Progress
Current status
in force
30 Jul 2023 in force
26 Jul 2023 adopted
Scope
Implementers
Spain
Policy Area
Taxation
Policy Instrument
Taxation, nes
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
other service provider
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Implemented model 721 concerning information statement on virtual currencies located abroad
On 30 July 2023, the order establishing model 721 concerning information statements on virtual currencies located abroad entered into force. The submission period starts on 1 January 2024 and ends on 31 March 2024. Individuals and corporations need…
Event type
order
Action type
implementation
Government branch
executive
Government body
other regulatory body
Adopted model 721 concerning information statement on virtual currencies located abroad
On 26 July 2023, the Ministry of Finance and Civil Service adopted model 721 concerning information statements on virtual currencies located abroad. The submission period starts on 1 January 2024 and ends on 31 March 2024. Individuals and corporati…
Event type
order
Action type
adoption
Government branch
executive
Government body
other regulatory body