DAC6 Fundamentals
This course will help all entities who may be considered tax intermediaries develop an understanding of DAC6.
Description
The Economic and Financial Affairs Council of the European Union (ECONFIN) adopted the 6th Directive on Administrative Cooperation (“DAC6”) requiring tax intermediaries to report certain cross border arrangements.
The new EU rules which aim to clamp down on aggressive tax planning are set to impose a huge compliance burden on taxpayers and their advisers, potentially even in circumstances where there is no tax benefit at all.
This course will help all entities who may be considered tax intermediaries develop an understanding of DAC6. The course follows a flow-chart navigation and includes example scenarios to help users understand DAC6. VinciWorks also offers a DAC6 reporting tool to help intermediaries easily keep track of and report cross-border transactions.
Features
- Understand what is included in DAC6
- Learn which specific hallmarks apply to different tax incidents
- Apply DAC6 to example scenarios
- Gain the necessary tools to apply the DAC6 flowchart to real-life situations