Daily Tax Report: International

Netherlands Tax Agency Posts FAQs on Mandatory Disclosure Rules

Jan. 22, 2020, 5:00 AM

The Dutch Tax and Customs Administration Jan. 17 posted FAQs on the implementation of the EU directive on the mandatory automatic exchange of information (AEOI) for reportable cross-border arrangements (DAC6), applicable from July 1. Topics covered include: 1) the requirements for intermediaries and taxpayers to disclose and report cross-border tax arrangement information; 2) exceptions for intermediaries from the disclosure requirements; 3) conditions that require taxpayers to report their own potentially tax-evasive arrangements; 4) deadlines for reporting tax-evasive international arrangements; 5) the taxes to which DAC6 applies; 6) reporting procedures for cross-border arrangements; and 7) compliance requirements and penalties. [Netherlands, Tax...

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