Dac6- After FACTA and CRS: Reporting of Cross-Border arrangements by Intermediaries
After FATCA and CRS now intermediaries with nexus to the EU are obligated to report cross-border tax arrangements, which contain defined characteristics (“Hallmarks”), which might be potentially regarded as aggressive and politically undesirable. For more details about the targeted intermediaries, the special characteristics of reportable arrangements and what information needs to be reported, please read.
