Comprehensive intelligence that adapts to the nature and reporting country of the arrangement
Attempting to determine whether an arrangement should be reported under DAC6 is not simply a matter of reading the Directive or the Hallmarks. Each EU member state has transposed DAC6 into local law, many times with slight modifications.
VinciWorks’ DAC6 reporting tool features built-in workflow rules and expert knowledge for every member state. These workflows are available out-of-the-box and require no configuration.
The DAC6 reporting tool:
- Provides country-specific guidance for every member state in English
- Includes translated versions of some key government documents
- Adapts the workflow to each member state’s requirements
- Prompts the user to add local translations of the arrangement details where needed
- Detects when domestic transactions should be reported
- Is ready for automatic reporting in multiple jurisdictions with built-in XML schemas
This automatic intelligence and workflow was built in collaborate with international tax experts and is based on our comprehensive guide to DAC6 implementation across Europe.
To illustrate this, here are a number of examples from the DAC6 reporting tool.
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