Portugal's Ministry of Finance is reportedly finalizing draft legislation to implement the disclosure requirements of Council Directive (EU) 2018/822 of 25 May 2018, otherwise known as DAC6 ({News-2018-06-13/A/2-previous coverage}). The Directive provides for the reporting of potentially aggressive cross-border tax-planning arrangements that primarily applies to intermediaries that design, market, organize, or manage the implementation of a reportable cross-border arrangement. Further to cross-border arrangements, the Portuguese implementation, as drafted, would go beyond the Directive to also introduce disclosure requirements in respect of certain domestic arrangements in the Portuguese territory, including in relation to value added tax (VAT). In addition, the Portuguese...