DAC… WHAT?

Listen in to an informal coffee break conversation on (the Luxembourg implementation of) DAC 6 between Zofia White (Senior Associate) and Franz Kerger (Counsel), both tax lawyers within Allen & Overy Luxembourg.

“DAC6” is the sixth EU directive on automatic exchange of information in the field of taxation. Its purpose is to provide Member States with information on reportable cross-border arrangements so as to enable them to close loopholes and combat harmful tax practices.