Model 720 vs Model 172: differences for crypto
| Criteria | Model 720 | Model 172 |
|---|---|---|
| Threshold | > €50,000 | No minimum |
| Deadline | January-March | January |
| Content | Foreign assets | Crypto balances |
| Scope | General (not crypto-specific) | Crypto-specific |
Model 720: Foreign assets declaration. Crypto since 2021 reform. Only if total > €50,000.
Model 172: Crypto-specific balance declaration. Any amount. Deadline: January.
If you have foreign crypto > €50,000: You must file BOTH models.
kointax generates Model 172 and data needed for Model 720.