On December 8, 2022, the European Commission presented its proposal for the new tax transparency law, called DAC 8. This law, which supplements the MiCa crypto-asset regulation, would require all service providers facilitating crypto-asset transactions for EU customers to report crypto transactions of EU clients. DAC 8 would cover both domestic and cross-border transactions, and in some cases, it would also cover nonfungible tokens. Financial institutions would be required to report on e-money and central bank digital currencies.
Source: fiscal-requirements.com
Latest Posts in "European Union"
- Agenda of the ECJ VAT cases – 4 AG Opinions, 1 Hearings till October 10, 2025
- Non-Payment of Declared VAT Not Considered VAT Fraud, Says Advocate General Kokott
- CJEU Confirms TP Adjustments as VAT-Applicable Services, Requires Supporting Documentation
- CJEU Ruling: VAT Applies to Intra-Group Transfer Pricing Adjustments in Arcomet Case
- CJEU Rules Transfer Pricing Adjustments May Be Subject to VAT for Intragroup Services
