EU DAC 6 Disclosure Requirements for Cross-Border Arrangements

13 August 2020

The introduction of the new European Union (EU) Mandatory Disclosure rules (DAC 6) aims to implement procedural compliance requirements for intermediaries and taxpayers to disclose ‘potentially aggressive tax planning arrangements’ by intermediaries or taxpayers to the relevant tax authority.

Subsequently, all tax authorities in the EU will then exchange received reportable disclosures amongst one another on a quarterly basis.

There will be differences in approach by different EU Member States. Therefore, it is important that intermediaries and taxpayers understand how they may be affected and put in place procedures to identify whether their cross-border transactions fall within one of the hallmarks. Below we have summarised the key points by country.

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