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Mandatory Reporting from 2026:
From 1 January 2026, EU-registered crypto service providers must annually collect, verify, and report user data to local tax authorities under DAC8, targeting crypto-related tax evasion and transparency. -
Scope of DAC8 Requirements:
DAC8 obliges crypto-asset service providers, including exchanges and banks, to follow strict due diligence rules, notifying users and reporting personal and transactional data to relevant EU Member State tax authorities. -
Client Support and Compliance Services:
Firms are advised to act now. Support includes compliance guidance, IT system setup, data collection, and report preparation to ensure timely and accurate DAC8 submissions to EU tax authorities. -
Training, Risk Review, and Tools:
Services also cover risk assessments, staff training on DAC8 procedures, continuous regulatory updates, and tooling support for secure, efficient reporting to national authorities in line with DAC8 obligations.