DAC6 Smart Reporting

What’s DAC6 all about?

DAC6 imposes mandatory disclosure requirements for certain arrangements with an EU cross-border element where the arrangements fall within certain "hallmarks" mentioned in the directive and in certain instances where the main or expected benefit of the arrangement is a tax advantage. There will be a mandatory automatic exchange of information on such reportable cross-border schemes via the Common Communication Network (CCN) which will be set-up by the EU.

Although the directive is not effective until 1 July 2020, taxpayers and intermediaries need to monitor their cross-border arrangements already as of 25 June 2018. Therefore the time to act is now.

This is where our solution «DAC6 Smart Reporting» comes in - make use of technology to ensure DAC6 compliance, 
all while keeping costs under control. Our tool will allow you to:

• Monitor, identify and capture cross-border arrangements
• Assess cross-border arrangements
• Identify responsible party for reporting
• Report to local Tax Authorities