Germany Opts Out of Six-Month Delay for EU Tax Reports (1)

Germany is the latest country to announce it won’t give companies and advisers an additional six months to meet new European Union tax reporting requirements, while Austria is pushing back its deadlines to October.

The European Council agreed in June to let member states extend by up to six months the deadlines for reporting requirements under an EU directive, known as DAC6, which would have applied as of July 1 without the deferral. The directive requires companies and tax advisers to report potentially aggressive cross-border tax arrangements in the EU. Tax authorities will exchange the information as a check on ...