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Legislation to Transpose EU Directive on Reportable Cross-Border Arrangements Submitted in Dutch Parliament

17 July 2019

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Proposed Changes

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Netherlands

The Dutch Ministry of Finance has issued a release announcing that draft legislation for the implementation of Council Directive (EU) 2018/822 of 25 May 2018 (DAC6) on reportable cross-border tax planning arrangements was submitted in parliament on 12 July 2019. The release notes that from 1 July 2020, intermediaries such as tax advisers, accountants, and financial institutions will be obliged to report cross-border arrangements that can be used to avoid tax. Taxpayers may also need to report in cases where there is no intermediary, or an intermediary is unable to report. This includes an initial disclosure of by 31 August...