DAC6 Advanced (Law)
This course provides a deep understanding of DAC6 including which transactions should be reported.
Description
DAC6 is a European regulation aimed at reducing international tax evasion and promoting transparency. DAC6 requires lawyers to report some cross-border arrangements to the tax authorities. These mandatory disclosure requirements (MDR) mean that arrangements which cross EU borders, even without a particular tax motive, may need to be reported. DAC6 specifies a list of hallmarks or criteria that must occur in order for the tax arrangement to be reportable.
Features
To ensure that certain tax avoidance arrangements which have characteristics commonly seen in structures motivated by tax avoidance come to the attention of the tax authorities