- EU finance ministers have reached political agreement on updated compromise text for revising the Directive on administrative cooperation to implement the Organisation for Economic Co-operation and Development’s rules on the Crypto-Asset Reporting Framework and Amendments to the Common Reporting Standard.
- The rules require reporting as of 2026 by institutions that offer crypto-asset services or electronic money services to customers in the European Union.
- The rules also update existing automatic exchange of information rules, including provisions targeting advance cross-border rulings of natural persons.
Source EY
Latest Posts in "European Union"
- Comments on ECJ C-101/24 (Xyrality) – Judgment on app stores as VAT commissionaires
- ECJ Confirms Deemed Reseller Rule for App Store In-App Purchases
- VAT Challenges in Toll Manufacturing: Goods vs Services Classification Issues
- VAT and Transfer Pricing – Four recent cases @ ECJ/CJEU – 3 cases decided, 1 case pending
- Briefing document & Podcast: ECJ C-580/16 (Hans Bühler) – Late submission of recapitulative statements should not disqualify a business from exemptions
