• Mandatory Disclosure Rules

Mandatory Disclosure Rules - Dac 6 Directive Implemented into Luxembourg Law

22 April 2020

On 21 March 2020, the Luxembourg Parliament adopted the bill n°7465 related to reportable cross-borders arrangement (hereafter the “Law”).

The Law aims at transposing the provisions of the EU Directive 2018/822 of 25 May 2008 (also commonly known as “DAC 6”) modifying the Directive 2011/16/UE as regards mandatory automatic exchange of information in the field of taxation in relation to reportable cross-border arrangements into Luxembourg law.