ETAF’s Statement on Rationalising EU Reporting Requirements in Tax Area: DAC6 reporting main issue

• ETAF responded to the European Commission’s consultation on rationalizing reporting requirements in the tax area.
• DAC6 reporting requirements are seen as the main issue for the tax profession.
• Other reporting requirements in recent or pending EU legislation may also be problematic.
• ETAF suggests using white lists, threshold values, categories, or gradual implementation to reduce the reporting burden for SMEs compared to MNEs.

Source: etaf.tax

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.