While intermediaries can generally rely on the report reference number provided by the sponsor of the arrangement as evidence of a submitted report, they will not be able to Rely on a report submitted by another service provider in the same way, unless they can somehow assure themselves of the information…

What is an intermediate DAC6?

intermediary is anyone: Design, market, organize, provide or implement reportable arrangements; or. Assist those who have reportable activity and know or can reasonably be expected to know that they are doing so.

What is a reportable cross-border arrangement?

According to the Directive, a « reportable cross-border arrangement » means Any cross-border (involving two EU Member States or one EU Member State and a third country) tax planning arrangement that has one or more of the features listed in the Directive and involves at least one EU Member State.

Is the DAC6 suitable for individuals?

DAC6 for anyone (including individuals, partnerships, companies or other legal entities) operate in the EU or have an interest in the EU. As such, it can apply to multinational corporations as well as intermediaries such as law firms, accountants, banks and financial advisors.

What DACS 6?

DAC 6 yes Regime for Mandatory Reporting of Cross-Border Tax Arrangements Arrangements in at least one EU member state comply with one of several « marks ».

Use intermediaries to do business in foreign markets

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