Frequently asked questions about model 721 (HTML)
Skip information indexWith respect to which virtual currencies will this information obligation not apply?
This information obligation will not apply to the following virtual currencies:
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Those owned by the entities referred to in article 9.1 of Law 27/2014, of November 27, on Corporate Tax.
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Those owned by legal persons and other entities resident in Spanish territory, as well as permanent establishments in Spain of non-residents, registered in their accounting individually and identified by their name, value and custody entity and country or territory in which are located.
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Those owned by natural persons residing in Spanish territory who carry out an economic activity and keep their accounting in accordance with the provisions of the Commercial Code, registered in said accounting documentation individually and identified by their name, value and entity. of custody and country or territory in which they are located.
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There will be no obligation to report on any virtual currency when the balances as of December 31 of each type of virtual currency abroad valued in euros do not jointly exceed 50,000 euros. If this joint limit is exceeded, all virtual currencies must be reported.