DAC6 – Category E: Specific transfer pricing hallmarks
Register for our DAC6 email updates Last May, the European Union created the 6th Directive on Administrative Cooperation (the “DAC6”). Under this new law tax intermediaries are required to report certain cross-border arrangements that contain at least one of the hallmarks as defined in DAC6. DAC6 contains five different hallmark categories that represent an indication […]
DAC6 – Category D: Specific hallmarks concerning automatic exchanges of information and beneficial ownership
Register for our DAC6 email updates Editors note: HMRC announced on 31 December that as part of the Brexit agreement there will be major changes in the UK’s approach to DAC6. The changes restrict reporting obligations to only those arrangements that would be reportable under the OECD’s MDR, namely arrangements included in the Category D hallmark […]
On-demand webinar: DAC6 — Understanding tax disclosure requirements
Register for our DAC6 email updates The Economic and Financial Affairs Council of the European Union (ECONFIN) has adopted the 6th Directive on Administrative Cooperation (“DAC6”), requiring tax intermediaries to report certain cross border arrangements. Under DAC6, intermediaries may be required to submit all cross-border transactions and backdate them when member states publicise their requirements. […]
DAC6 Core Group roundtable meeting summary
Register for our DAC6 email updates “DAC6 is one of the most difficult pieces of regulation that a firm has to implement” VinciWorks hosted a roundtable meeting with representatives from over 20 firms to discuss DAC6 and its implementation. Here are the key takeaways from the conversation. 1. Who is responsible for submitting initial DAC6 […]
5 Steps to Safe Lone Working
Many roles involve working alone, from estate agents showing people around houses, to lorry drivers, to content writers working from home. Any job that requires someone to be on their own without supervision falls into this category. Unfortunately, lone workers are at particularly high risk. They can be vulnerable to attack or aggression, and if […]
New course release – Diversity and Inclusion at Work: MyStory
Everyone has the right to be safe and respected at work. But this does not always happen. Following the release of our story-based harassment course, VinciWorks has released a new diversity course, Diversity and Inclusion at Work: MyStory. This training sheds light on stories of discrimination all too frequently experienced by people in the workplace. […]
DAC6 compliance – Category C: Specific hallmarks relating to cross-border transactions – which transactions should you be aware of?
Register for our DAC6 email updates On 25 May 2018, the Economic and Financial Affairs Council of the European Union (ECOFIN) adopted the 6th Directive on Administrative Cooperation (the “DAC6”), requiring so-called tax intermediaries to report certain cross-border arrangements that contain at least one of the hallmarks as defined in DAC6. Within DAC6, there are […]
Are you Protecting your Volunteers?
St Albans City Football and Athletic Club were recently fined for the July 2017 death of a volunteer working at their stadium. They were fined £1000 (plus £1000 in costs) after breaching Section 3 of the Health and Safety at Work Act 1974. The 71-year-old volunteer fell through a fragile part of the roof, tragically dying from […]
DAC6 compliance – Category B: Specific hallmarks – which transactions should you be aware of?
Register for our DAC6 email updates On 25 May 2018, the Economic and Financial Affairs Council of the European Union (ECOFIN) adopted the 6th Directive on Administrative Cooperation (the “DAC6”), requiring so-called tax intermediaries to report certain cross-border arrangements that contain at least one of the hallmarks as defined in DAC6. Within DAC6, there are […]