The EU Directive on Administrative Co-Operation – must be reported by any intermediary that designs, markets, organises, make available “Reportable Cross Border Arrangements” to local tax authorities every quarter (HMRC for UK) who then exchange information overseas authorities.
What is reportable?
Any reportable cross-border arrangements that affect are affect direct taxes usually have the following traits or hallmarks:
Generic Hallmarks
Specific Hallmarks – main benefits
Specific Hallmarks – cross border
Investments that involve deductible cross border payments if
Specific Hallmarks – automatic exchange of information and beneficial ownership
ESSENTIAL COOKIES ONLY - WE DO NOT TRACK YOU
WE DON'T LIKE BEING TRACKED SO WHY WOULD WE 'SPY' ON YOU?
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