Register for our DAC6 email updates
Wednesday 9 September, 12:00–15:00 (BST)
DAC6 is a European directive aimed at reducing international tax evasion and promoting transparency. It requires lawyers, accountants, tax advisers, bankers and other “intermediaries” to report some aggressive cross-border tax arrangements. Multinational businesses might also be required to report transactions in circumstances where no external intermediary is able to report. These “mandatory disclosure requirements” (MDR) are for tax transactions that cross EU borders, where it seems that the primary purpose of the transaction is a tax advantage.
Over the last 18 months, VinciWorks has brought together over 100 international law and accounting firms to help firms grapple with the Directive and develop best-practice for DAC6.
We are now hosting our fourth DAC6 Core Group meeting on Wednesday, 9 September 2020, 12:00–15:00 (BST) via Zoom.
The agenda includes an open Q&A session with James Marshall, HMRC’s DAC6 policy lead, and an international panel including Willem-Jan van Veen and Valérie Robbertz from the Netherlands Tax and Customs Administration.
The virtual meeting will also include case studies from firms that have already implemented a DAC6 reporting system, and an update on reporting across EU member states.
Core Group Meeting Outcomes
Since our last meeting, 27 firms have so far implemented VinciWorks’ DAC6 reporting tool, and most tax authorities have published their final guidance. This perspective affords us with a bit more certainty regarding the practical aspects of DAC6 reporting. We hope this interactive meeting will be an opportunity to share those lessons. We encourage you to come to the meeting with questions, comments and a desire to contribute to the conversation.
- Ask experts and authoritative representatives your DAC6 questions
- Learn how other firms have overcome DAC6 reporting challenges
- Understand how different EU member states have implemented DAC6
- Understand how the delay to reporting affects your firm