Form 720<\/strong> has been controversial since it was created, especially regarding its sanctioning regime, which has been considered excessive and contrary to the principle of free movement of capital in the European Union.<\/p>\n Now, in two sentences of July 4 and 6, the Supreme Court has annulled the fines derived from non-compliance with the obligation to present Form 720 within the deadline and has declared the retroactivity of said annulment<\/strong>, for which it will be allowed to claim for the sanctions already imposed previously, with the nuances that we will analyse below. In this article, we tell you what has happened to Form 720 in recent months, what changes have been made and what repercussions the declaration of nullity of sanctions has.<\/p>\n<\/div><\/div><\/div><\/div><\/div>