Our bespoke online DAC6 Toolkit helps intermediaries and taxpayers easily assess whether a transaction is a ‘reportable cross-border arrangement’ under the EU's DAC6 legislation. If it is considered reportable, the toolkit generates a structured output designed to provide jurisdiction-specific data to local tax authorities in the format they require.
Combining our DAC6 legal expertise with our innovative mindset, we developed the DAC6 Toolkit, to assist intermediaries and taxpayers, with businesses in the EU, to understand and comply with their obligation to disclose reportable cross-border arrangements to EU tax authorities.
Our toolkit gives users the ability to determine whether any transaction or arrangement contains one of the so-called 'hallmarks' or meets the ‘main benefit test' to be considered a cross-border arrangement. If the outcome of the assessment is that the arrangement is reportable, the reporting obligation lies in principle with the intermediary (typically a tax planner, fiduciary services provider, or professional service provider) but where the intermediaries do not need to report, the obligation is ultimately with the taxpayer. The toolkit provides a structured report, designed to provide jurisdiction-specific data, to local tax authorities, in the format they require.
Although developed with Luxembourg and Cyprus mandatory disclosure regimes in mind, DAC6 is embodied in pan-EU legislation, our toolkit is therefore relevant to intermediaries and taxpayers across the whole of the EU.
Learn more about the legislation
Since 2018, the EU has been calling on its member states to implement mandatory disclosure regimes (MDR) within their jurisdictions. DAC6 is the cornerstone of the bloc's MDR program. As of 2022, DAC6 is in full force in Cyprus and Luxembourg and throughout the EU.
It is critical for intermediaries and taxpayers with businesses in the EU to understand and comply with their obligations to disclose reportable cross-border arrangements to EU tax authorities.
Under DAC6, an arrangement is reportable where it meets one or more of the hallmarks set out in the legislation; contains cross-border elements, and has the potential to affect taxes in at least one EU member state.
The objective of the regime is to identify arrangements that point towards aggressive tax planning. Failure to make the necessary disclosures can lead to significant penalties.
Our DAC6 Toolkit assists intermediaries and taxpayers to determine whether transactions are reportable and it ensures they meet their DAC6 reporting obligations to relevant EU tax authorities.
Our DAC6 Toolkit is designed to help you easily assess whether a transaction is a ‘reportable cross-border arrangement’. You can choose to purchase individual sessions using the toolkit on an ad hoc basis or you can purchase multiple sessions at a discounted price.
An individual session will enable you to assess and report on one transaction at a time.
You can purchase multiple sessions at a discounted price. Reach out to our team for more information.
Read more about the latest DAC6 developments on our regulatory blog by clicking on the links below.