Luxembourg Government Releases Draft Law Implementing DAC8

On 24 July 2025, the Luxembourg government released a draft law aimed at implementing Council Directive 2023/2226 dated 17 October 2023, the so-called "DAC8", amending Directive 2011/16/EU on administrative cooperation in the field of taxation (DAC).

DAC8 pursues two major objectives:

1. Expanding the scope of transparency and tax information exchange by including new types of reportable transactions, particularly those involving crypto-assets.

2. Updating and consolidating the various tax information exchange mechanisms introduced through successive amendments to DAC. In this regard, DAC8 notably:

• Introduces new exchange of information on income derived from life insurance products;