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Czech Republic Confirms Deferral of Initial DAC6 Reporting Will be Provided

20 August 2020

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Approved Changes

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Czech Rep

On 19 August 2020, the Czech Financial Administration issued a release announcing the publication of the law of the transposing the DAC6 cross-border arrangement reporting requirements ({News-2020-08-19/A/3-previous coverage}). The release also confirms that, as announced on 17 June 2020, the Ministry of Finance has amended regulations to allow for the initial deferral of DAC6 reporting and that the government regulation for the deferral is to come into force in September 2020. With the deferral, the standard 30-day reporting deadline would begin 1 January 2021 and the reporting of historical arrangements would not be required until 28 February 2021.