Clifford Chance

DAC Law Approved

26 March 2020

On 21 March 2020, the Luxembourg Parliament passed the first vote to transpose Directive 2018/822 amending Directive 2011/16/EU (commonly referred to as "DAC 6"), which requires EU intermediaries – or taxpayers – to report certain cross-border arrangements as defined in DAC 6 to local tax authorities (the "Law").

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