DAC 6 Deferral

DAC 6 deferral

Due to the Covid-19 situation, most EU Member States meanwhile decided on a deferral of the first DAC 6 reporting deadlines.

DAC 6 deferral

According to the postponement rules, the deadlines shall now start with 6 months delay. Therefore, taxpayers and intermediaries dealing with the impacts of the covid-19 pandemic have more time to ensure their reporting compliance. The deferral was possible due to a respective change of the DAC 6 Directive.

New deadlines

These are the new reporting deadlines:

  1. “Old” arrangements implemented between 25 June 2018 and 30 June 2020 are reportable by 28 February 2021, instead of by 31 August as originally required.
  2. Arrangements which were made available for implementation, or which were ready for implementation, or where the first step in the implementation took place between 1 July 2020, and 31 December 2020 are reportable until 31 January 2021. 
  3. The 30 days reporting period for new arrangements starts on 01.01.2021. 
  4. Where periodic reports are required in relation to marketable arrangements, the first of such report is due by 30 April 2021.

EU member States that apply the deferral

The following EU Member States apply the DAC 6 deferral

 

DAC 6 deferred No deferral 
Belgium Austria*
Bulgaria Finland
Croatia Germany
Cyprus
Czech
Denmark
Estonia
Estonia
France
Greece
Hungary
Ireland
Italy
Latvia
Lithuania
Luxembourg
Malta
Netherlands
Poland
Portugal
Romania
Slovakia
Slovenia
Spain
Sweden
(UK)

 

Austria: Due to technical delays, electronic submissions for reporting of arrangements are likely not ready until 1 October 2020. As such, the filing deadline is extended to 31 October 2020. During that time, penalties are suspended. Click HERE to download the respective Austrian guidelines (draft version; in German)

Our DAC 6 Online course

You wish to learn more about the reporting obligations under DAC 6? Then click HERE to check out our DAC 6 online course.

 

 

Picture: Business illustration showing the concept of deferral@OpturaDesign/stock.adobe.com