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The European Court of Justice Obliges Spain to Reform Legislation on the Modelo 720

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Posted in: Tax
Author: Myra Cecilia Azzopardi
Tags: ,

The first chamber of the European Court of Justice decision:

Declare that the Kingdom of Spain has failed to comply with the obligations incumbent on it by virtue of articles 63 TFEU and 40 of the Agreement on the European Economic Area, of May 2, 1992:

Please note that Spain now has to concede before the obligations on the 720 are scrapped.

News Release from The European Court of Justice Union.

Judgment in case C-788:19

Please note: The information provided is based upon our understanding of current legislation. It is not legal advice but is provided freely to enable you to be properly informed. We recommend that if you are considering taking action, you should seek professional advice.

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