DAC6: New mandatory disclosure regime for Intermediaries and their clients
The Directive (EU) 2018/822, also called DAC6, represents the 6th modification of the Directive 2011/16/EU on Administrative Cooperation (DAC). It introduces various amendments as to expand the provisions of DAC. DAC6 imposes the obligation to report cross-border arrangements which include characteristics indicative of aggressive tax planning on European Union Member States. Who has the obligation to report Since 1 January 2021, a Cross-border Arrangement which involves one o