DAC6
Reporting Solution

Centralised workflows for all jurisdictions

VinciWorks' DAC6 reporting tool provides law firms, accountancy firms and multinational businesses with the expertise, knowledge and technical infrastructure to comply with the Directive in every EU jurisdiction. Built in consultation with over 100 leading international firms, international tax experts, HMRC and other regulators, our tool features customisable workflows designed and updated for the intricacies of each EU member state’s implementation of DAC6. We offer a number of hosting options to suit any organisation's needs, including on-premises hosting.

Reporting for intermediaries

DAC6 requires lawyers, accountants, tax advisers, bankers and other “intermediaries” to report some aggressive cross-border tax arrangements. 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.

Reporting for multinationals

While the primary reporting onus is on professional advisers, known as “intermediaries”, a taxpayer might be required to report a DAC6 arrangement in circumstances where no intermediary is able to report. This might include situations where no external intermediary is involved, all intermediaries are based outside of the European Union, or an intermediary is exempt from reporting due to legal professional privilege.