A new tax risk that requires the attention of anyone with operations in the EU.
“While DAC6 has been framed as a measure to address potentially aggressive tax planning, it can also catch arrangements with no obvious tax motivation.”
In terms of compliance (which go live on different dates depending on which country you are active) the biggest strain on your resources will be the reporting timeframes, say two tax risk experts from law firm Macfarlanes on Private Funds CFO today. Read how other firms are prepping their operations.
Email prepared by Toby Mitchenall.
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