Mandatory disclosure of potentially aggressive cross-border tax planning arrangements – DAC6

Pursuant to Directive (EU) 2018/822 (or DAC6), information related to reportable cross-border arrangements meeting certain conditions and criteria will have to be reported to the tax authorities. In view of their legal privilege, attorneys-at-law within Synergy Business Lawyers’ office qualify as exempt (auxiliary) intermediaries and consequently do not file or report information on cross-border transactions to tax authorities. They remain subject to certain notification obligations and therefore may notify other (auxiliary) intermediaries or, in the absence thereof, their clients that they may have reporting obligations under DAC6 in respect of certain matters.