TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

European Commission consultation on administrative cooperation and exchange of information

The European Commission has launched a consultation on new rules for reporting and the exchange of information for tax purposes on e-money and crypto assets as well as new rules on penalties and compliance measures for the various reporting obligations under the Directive on Administrative Cooperation (DAC) framework.

The objective of the consultation is to collect data and evidence to evaluate the need for new rules on reporting and exchange of information for tax purposes on e-money and crypto assets as well as new rules on penalties and compliance measures for the various reporting obligations under the DAC framework and the potential scope of those provisions.

The public consultation is in the form of a questionnaire with a deadline of 2 June 2021 to respond. The results will feed into a proposal for a Directive in the third quarter of 2021.