Overview:

DAC6

The EU Council Directive 2011/16 in relation to cross-border tax arrangements, known as DAC6, has been in force since 25 June 2018.  DAC6 is a reporting regime which is intended to assist transparency and fairness in taxation. DAC6 applies to cross-border tax arrangements, which meet one or more specified characteristics (hallmarks), and which concern either more than one EU country or an EU country and a non-EU country.  It mandates a reporting obligation for these tax arrangements if in scope, no matter whether the arrangement is justified according to national law. 

Current work: 

As a result of the UK leaving the EU, DAC6 ceased to apply in the UK at the end of the transition period at 11pm on 31 December 2020. The Government has decided to amend the UK legislation (see SI 2020/1649) to restrict reporting to arrangements which would be reportable under OECD standards . 

Upcoming actions:

The UK Government is expected to publish draft legislation to adopt any aspects of the OECD standards which are not already incorporated into UK law.

(Last updated: 29 June 2021)