Navigating the Future of Tax Transparency: An Overview of DAC7, DAC8, and DAC9

In an era where digital platforms and crypto-assets are reshaping the global economy, the European Union’s directives on administrative cooperation in taxation—DAC7, DAC8, and DAC9—are pivotal in ensuring tax transparency and compliance. This article delves into the key considerations and implications of these directives, which target platform operators (DAC7), crypto-asset service providers (DAC8), and multinational enterprises (DAC9).

DAC7: Extending Tax Transparency to Digital Platforms
- Background
- Key Points
  - Reportable Content and Automatic Exchange of Information
  - Scope
- Implications for Platform Operators
  - Compliance Burden
  - Legal and Operational Adjustments
  - Data Privacy Concerns
  - Cross-Jurisdictional Coordination
- Reporting Deadline

DAC8: Tax Transparency Rules for Crypto-Asset Transactions
- Background
- Key Points
  - Reporting Requirements
  - Scope Extension
  - Non-Tax-Related Information
- Reportable Information
- Reporting Deadline

DAC9: Simplifying Filing Obligations Under Pillar 2 Directive
- Background
- Key Points
  - Centralised Filing
  - Exchange Mechanism
  - Top-up Tax Information Return Template
- Next Steps