Publications
Informative note on the judgment of the CJEU regarding the spanish form 720 on the declaration of assets and rights abroad
Our Tax Area has produced the following document on the ruling of the Court of Justice of the European Union in relation to Form 720 for the declaration of assets and rights abroad.
The Court of Justice of the European Union has issued a judgment on Form 720 in which it declares that Spanish legislation fails to comply with EU law. The CJEU considers that the restrictions and penalties contained in Form 720 are disproportionate and may discourage the acquisition of assets abroad and interfere with the movement of capital within the Union.
You will find the informative note in the related documentation.
