What to expect from us
The introduction of DAC6 in the EU member states represents a big challenge to many businesses due to the complexity of the rules and the tight deadlines. The early identification of a reportable arrangement, and timely and correct reporting, is crucial and is best achieved through the establishment of effective internal processes.
We can help you ensure compliance with DAC6 by providing advisory and report generation services.
Our MDR & DAC6 services
The OECD’s Model Mandatory Disclosure Rules (MDR) aim to provide tax administrations with information on arrangements that circumvent the CRS and structures that conceal the beneficial owners of assets held offshore. The EU member states have implemented the MDR by adopting EU Council Directive 2018/822 (DAC6). DAC6 is broader than the OECD MDR and also covers potentially aggressive tax planning schemes or arrangements with a cross-border element in the EU. DAC6 requires EU intermediaries, or in some cases taxpayers, to report such arrangements if certain features or characteristics are met. Notification is made to the authorities of the relevant state, and member states exchange information on a regular and reciprocal basis.
Our MDR/DAC6 services cover the following topics.
DAC6 impact analysis
We provide assistance in assessing whether and to what extent you are affected by DAC6.
Our DAC6 reporting services include the correct and timely preparation of reports under DAC6 based on the jurisdiction-relevant and up-to-date reporting xml scheme, using secure reporting software hosted in Switzerland and with the provision of client notifications.
Identification of reportable DAC6 arrangements
We support you in analysing whether cross-border arrangements fulfil any of the DAC6 characteristics and therefore need to be reported to the local tax authority.
DAC6 compliance programme
We advise on how due diligence processes can be implemented to identify and report reportable cross-border agreements in a timely manner.
What sets us apart
From A to Z
We not only provide you with advice on the impact DAC6 has on your structures and transactions, we also help you by preparing the xml reports for submission with the relevant authorities, ensuring that the whole process is covered.
We deliver solutions that are tailored to meet the individual needs of our customers, based on a close and continuous dialogue. Whether you want to outsource all or part of your processes to us or want our advice in a single matter, our aim is to always provide you with exactly what you need – no more and no less.
We have a holistic mindset and create added value for our clients by not losing sight of the big picture. This enables us to proactively show you structures with which you can align yourself in a long-term and stable way.