European Union finance ministers are aiming to soon finalize a tax information-sharing rule seen as crucial in the bloc’s regulation of crypto assets.
Work on details of the rule is at an advanced stage, making possible “political agreement” by ministers at a May 16 summit, an official from the Council of the EU, who asked not to be named citing institutional policy, told Bloomberg Tax Friday.
- Under DAC8, crypto-asset service providers must report transaction details to tax authorities in EU countries, which will then share the information. DAC8 is scheduled to take effect ...
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