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European Council Approves Optional Postponement of DAC6 Reporting

|Approved Changes|European Union
European Union

The European Council announced on 24 June 2020 the approval of the optional postponement of the initial deadlines for DAC6 reportable cross-border arrangements for up to 6 months. The optional postponement is also available in relation to the exchange of financial account information (DAC2).

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Taxation: Council agrees on the postponement of certain tax rules

To address the severe disrupti…

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