DAC 6 EU level - declaration of cross-border arrangement ()
DESCRIPTION: European legal act on cross-border arrangements (involving intermediaries).
eira:ABBhttp://data.europa.eu/dr8/LegalAgreementContract
dct:modified2023-07-26
dct:identifierhttps://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32018L0822
dct:titleDAC 6 EU level - declaration of cross-border arrangement
dct:descriptionThe DAC 6 EU Level - Declaration of Cross-Border Arrangement is a European Union directive that requires intermediaries such as tax advisors, accountants and lawyers, and in some situations, taxpayers, to report certain aggressive cross-border arrangements to the tax authorities. The main objective of this directive is to provide transparency and fairness in taxation across the EU member states.
dct:publisherEuropean Union
dct:sourcehttps://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32018L0822
skos:example1. A multinational company using a tax advisor to set up a complex financial structure involving multiple EU member states, with the main purpose of reducing its overall tax liability. The tax advisor would be required to report this arrangement under DAC 6.,2. An individual using a lawyer to set up a trust in one EU member state, with the assets held in another member state, and the beneficiaries resident in a third member state. The lawyer may be required to report this arrangement under DAC 6.,3. A company using an accountant to set up a series of transactions between subsidiaries in different EU member states, designed to exploit differences in national tax laws. The accountant would be required to report this arrangement under DAC 6.
eira:concepteira:SolutionBuildingBlock
skos:noteThe DAC 6 directive is part of the EU's effort to prevent tax evasion and avoidance. It requires mandatory automatic exchange of information in the field of taxation in relation to reportable cross-border arrangements. The directive applies to cross-border arrangements which meet one or more specified characteristics (hallmarks), which indicate a potential risk of tax avoidance.
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