- On 19 March 2026, Luxembourg adopted DAC8, implementing new tax transparency rules for crypto-asset service providers (CASPs), effective retroactively from 1 January 2026, with first reporting due by 30 June 2027.
- DAC8 mandates compulsory registration, due diligence, user notification, and annual reporting for a broad range of CASPs, regardless of MiCA authorisation.
- The Crypto-Asset Reporting Framework (CARF) requires CASPs to identify reportable users, notify them, and submit detailed annual returns to tax authorities.
- DAC8 expands the Common Reporting Standard (CRS) to include crypto-assets, e-money institutions, and central bank digital currencies, increasing reporting scope and detail.
Source: harneys.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Luxembourg"
- Luxembourg Court Clarifies VAT Deduction for Mixed Holding Companies
- Accelerating VAT Credit Refunds in Luxembourg: Enhancing Cash Flow and Streamlining Tax Processes
- Luxembourg POS and VAT Requirements: No Fiscalization, Flexible Receipts, Standard VAT Compliance
- Luxembourg POS: No Certification, Flexible Receipts, Minimal Regulation, VAT and Consumer Code Apply
- Accelerating VAT Refunds: Cash-Flow Optimisation Strategies for Luxembourg Businesses in 2026
