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ARTICLE · 03 JULY 2020

Multinationals: Taking Control Of Your DAC6 Reporting Requirements

Arthur Cox
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Council Directive (EU) 2018/822 is an EU directive that imposes mandatory reporting of certain cross-border arrangements by intermediaries (and in some cases taxpayers) and is likely to be relevant to most multinationals groups ...

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Fintan Clancy
Fintan Clancy
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Council Directive (EU) 2018/822 is an EU directive that imposes mandatory reporting of certain cross-border arrangements by intermediaries (and in some cases taxpayers) and is likely to be relevant to most multinationals groups with operations or entities in the EU.

Council Directive (EU) 2018/822 ("DAC6") is an EU directive that imposes mandatory reporting of certain cross-border arrangements by intermediaries (and in some cases taxpayers) and is likely to be relevant to most multinationals groups ("MNEs") with operations or entities in the EU.

Details of the likely postponement to the original filing deadlines for DAC6, as discussed in our previous briefing here, have not yet been finalised. In any case, many intermediaries and MNEs are continuing to prepare for the implementation of the directive.

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This article contains a general summary of developments and is not a complete or definitive statement of the law. Specific legal advice should be obtained where appropriate.

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