The EU Directive came into effect on 25 May 2018.
Part 1 of the webcast discusses the EU Directive regarding the mandatory automatic exchange of information in relation to cross border arrangements (DAC 6).
Part 2 addresses the Model Mandatory Disclosure Rules for CRS Avoidance Arrangements and Opaque Offshore Structures. It discusses the definition of arrangements that are required to be disclosed, the hallmark categories and the interpretation of intermediaries and taxpayers, reporting and penalties.
This webcast will assist with your understanding of the Directive as well as reportable cross-border arrangements, intermediaries, and who and when the information should be reported.