Bill implementing DAC6
- Articles and memoranda
- Posted 16.10.2019
On 8 August 2019, the Luxembourg Government tabled a new Bill of Law 7465 (“Bill”) before the Luxembourg Parliament (Chambre des députés) implementing the so-called “DAC6” (EU Directive 2018/822 amending Directive 2011/16/EU as regards mandatory automatic exchange of information in the field of taxation in relation to reportable cross-border arrangements) into Luxembourg domestic law.
DAC6 requires EU “intermediaries” (or taxpayers) to report cross-border arrangements that strongly present a risk of tax avoidance or abuse.The Bill will enter into force once it is approved by the Luxembourg Parliament. This must be achieved before the end of the year.
More detailed information on the Bill can be found in our related article "New Bill implementing DAC6" published on our website.