The Slovak Ministry of Finance initiated a consultation to adopt the proposed EU Directive on Administrative Cooperation (DAC8) into its national legislation. The directive aims to introduce new tax transparency regulations for service providers facilitating transactions involving crypto-assets. The Ministry of Finance has shared several key points to note, including:
- The general application date for DAC8 is expected to be Jan. 1, 2026. Identification services will have to comply with the directive from January 2025, while verification of tax identification numbers is expected to start from Jan. …
Source: GVC
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