DAC6: EU Mandatory Disclosure Rules – A New Level of Transparency

This approximate 1-hour interactive webinar focuses on the new obligations imposed on advisers and other professionals to report certain cross-border tax arrangements to tax authorities in the European Union. The webinar will not only explain in a practical way how to comply with the mandatory disclosure rules but also discuss the implications of these rules on the everyday work of professionals and on the commonly used tax structures in Europe. Special attention will be given to cases where the new rules might affect non-EU tax professionals as well as in-house tax teams.

Learning objectives

After following this webinar, participants will be able to:

  • understand the scope of the reporting obligations, specifically
    • reportable tax schemes
    • the group of tax advisers and other intermediaries subject to the reporting obligation
    • deadlines and other procedural rules
    • cases in which the reporting obligation shifts to businesses and their in-house tax team
    • implications of the exchange of information among tax authorities
  • appreciate the risks of non-compliance
  • gain knowledge about possible exemptions
  • understand the practical implications of the reporting obligations and the impact on your work
  • evaluate possible strategies to comply with the new obligations

Field of study

Taxes

Who should participate

The webinar is suitable for all tax professionals, but mainly for tax advisers and other professionals who deal with cross-border transactions, structures or cases and wish to understand the risks the new reporting obligations create for them in Europe. In-house tax professionals and non-EU intermediaries are also recommended to join to learn about their obligations.

Course level and prerequisites

This is an intermediate-level webinar. Participants taking this course are expected to be aware of the common international tax planning techniques and the practical problems related to them.

Advance preparation

Participation in this webinar does not require any preparation.

Interactive webinar – “Group Internet Based” (live webinar only)

To safeguard the interactive nature of the webinar, a limited number of participants will be accepted. Early registration is therefore recommended. During live webinars, it is possible to interact with the presenters via a chat message function. Please note that questions are answered based on relevance, order of receipt and available time. Additionally, participants in the live webinar are invited to answer poll questions or to complete short tests. Participants who follow the live broadcast will also have access to the on-demand version for a further 12 months from the live date.
Date of live broadcast: 20 May 2020

On-demand webinar

On-demand webinars are intended for individual self-study only. Unlike live webinars, they are not open to interactive participation or assistance of a real-time instructor. Access to on-demand webinars is granted for a period of 12 months from the date of registration and/or live broadcast.

Continuing Professional Education

Many accrediting organizations will grant CPE credit(s) for an IBFD audio-visual broadcast. It is advisable, however, that you check with your accrediting body whether this applies only to live webinars or to on-demand webinars as well.
The International Bureau of Fiscal Documentation (IBFD) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. NASBA CPE credit - 1 (only applicable to live webinar​).

Webinar registration details

If you have any questions regarding following the webinar, technical requirements, and payments and cancellations, please consult our FAQ.

Topics covered

  • Snapshot of the mandatory disclosure regime
  • Hallmarks of reportable cross-border arrangements
  • Interpretation of the main benefit test (MBT)
  • Navigating between penalties
  • How to manage reporting obligations in practice
  • How should intermediaries and taxpayers prepare?

Instructors

  • Shee Boon Law
  • Vanessa Arruda Ferreira
  • Evert-Jan Spoelder