The Central Economic-Administrative Court (TEAC) cancelled a penalty again for submitting the form 720 out of time

The TEAC cancelled another penalty for submitting the Form 720 after the deadline was over. The Court considered that there was no evidence to suggest that the taxpayer wanted to keep the goods hidden. We talk about all the details of the sentence in the new post of our blog.


Submitting the Form 720 out of time implies a big penalty for the taxpayer who committed the infraction, but after the first cancellation of a penalty of this kind, it seems like the Central Economic-Administrative Court is now checking every sentence thoroughly. If you want to know more about this new, visit our blog.

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