
What is Form 720?
The purpose of Model 720 is the declaration of information regarding assets and rights of economic content located or managed abroad.
The purpose of Model 720 is the declaration of information regarding assets and rights of economic content located or managed abroad.
The IRNR is a direct tax that must be paid by those workers who have obtained an income, both in money and kind, within Spanish territory.
To this end, there are different procedures to obtain the residence and work permit for these foreign professionals. These types of permits are introduced by Law 14/2013, known as the law of mobility, which provides a simpler and more agile procedure for obtaining this authorization.
If you have a business, it is necessary to differentiate between receipt and invoice for accounting purposes. Doubts often arise in case of billing, accounting for the received invoices and even when preparing the tax presentation.
As a result of the publication of the Draft Amendment of August 31, 2020, which introduces modifications to the VAT Law, the taxation of supplies of goods and services contracted by electronic means by Community end consumers is regulated.