The European Union continues to expand tax transparency. In the future, the exchange of information between national tax authorities will also include crypto-assets. This is the result of the extension of the EU Directive on Administrative Cooperation (DAC), which was agreed by the Council of Ministers (ECOFIN) in mid-May. In contrast to the EU Commission’s DAC8 draft, there are no longer any minimum sanctions for violations.
- MiCA Regulation
- E-money and tokens also affected
- Other reporting requirements
Source: EY
Latest Posts in "European Union"
- Playing Music Without Required License Is a Taxable Service, Says Advocate General
- PEM Zone: Implementation Status and Legal Fragmentation of Revised Origin Rules from January 2026
- Innovative Customs Education Workshop Spurs Collaboration; Final Chance for Universities to Apply for EU Recognition
- Briefing documents & Podcasts: VAT concepts explained through ECJ/CJEU cases on Spotify
- Navigating VAT Exemptions: Recent ECJ Judgments and Their Implications for Intra-Community Transactions and Imports
