Luxembourg tax authorities issue preliminary guidelines regarding practical aspects of the upcoming electronic exchange of information resulting from DAC 6

02/04/20

In Brief

Following the vote on the DAC 6 Law (please refer to our dedicated flash news in that respect), on 1 April 2020 the Luxembourg tax authorities issued a news alert regarding some practical aspects of the application of DAC 6 obligations.

This news alert  announces that there is a link to a dedicated DAC 6 platform, similar to the ones existing for other types of reporting obligations in Luxembourg (e.g. CbCR, FATCA, 777 forms, etc...), under the “electronic exchange” section of the Luxembourg tax authorities website.  

In this respect, the DAC 6 "electronic exchange" section already advises that, although the reporting forms for DAC 6 purposes are not yet available, two options are to be offered to  intermediaries / taxpayers who will be responsible for reporting: 

  • a specific filing procedure via My Guichet (available in English, French and German), which should be available as from 1 July 2020; or 

  • a "drag and drop" facility for a specific XML file, which should be available under the section "Dispositions pratiques, documents à consulter et autres liens utiles" of the DAC 6 dedicated platform. 

The due dates for filing of the reports by intermediaries/taxpayers remain unchanged. 

In conclusion

At this stage, the information on the platform is limited to general information regarding DAC 6 and related obligations for Luxembourg intermediaries and taxpayers. 

The platform should in due course be updated to include further useful information, in order for intermediaries / taxpayers to proceed with their reporting obligations (e.g. forms, instructions for filing, etc…). 

We will advise you of further improvements in the development of this platform,  as it will be the key channel for DAC 6 reporting obligations.

DAC6 in national motion: Are you up for the challenge?

DAC6 is an EU directive that introduces reporting obligations for a wide range of cross-border tax arrangements. Many EU countries have already aligned their national laws quite closely to the directive. Some countries went beyond it, adding extra requirements to their local laws. These differences may add complexity whenever international businesses set out to comply. Are you up for the challenge?

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DAC6 in national motion: Are you up for the challenge?

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