
Puigverd Assessors: Understanding Model 721 and the Obligation to Declare Cryptocurrencies Abroad Before March 31st.
Adoption of cryptocurrencies continues to increase in Spain, leading tax authorities to establish new regulations to ensure transparency and compliance in tax matters. In this context, Model 721 has become an indispensable tool for those who own virtual coins abroad. Taxpayers have until March 31, 2025 to submit this model for the 2024 fiscal year. The legal basis for this