OrbitaxCouncil of the EU Adopts DAC8 Directive on New Transparency Rules Concerning Crypto-Assets and Advance Rulings for High-Net-Worth Individuals
|Approved Changes|European Union
On 17 October 2023, the Council of the European Union announced the adoption of a new Council Directive amending Directive 2011/16/EU on administrative cooperation in the field of taxation for the introduction of new reporting and exchange of information rules concerning crypto-asset transactions and advance tax rulings for high-net-worth individuals (DAC8 Directive). The DAC8 Directive will …
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