EU Agrees to Optional Six-Month Delay for Tax Reporting Deadline

EU members have agreed to let any state postpone for six months the deadlines for the tax reporting mandate known as DAC 6, an EU official confirmed Thursday.

The bloc’s 27 member states can choose to apply the deadline extension or stick to the original deadlines, the EU official told Bloomberg Tax.

The amending directive will be officially published in the coming weeks, after the proposal has been formally endorsed by European leaders, the Luxembourg Finance Ministry said in a statement. Adoption is expected by the end of June, the EU official said.

European Union member ...