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Asymmetric DAC6 Deferral Causes Potential Twist in Germany

|Approved Changes|Germany-Netherlands-European Union
Germany-Netherlands-European Union

As {News-2020-07-07/P/3-previously reported}, Germany decided to the surprise of many not to avail of the option to defer DAC6 reporting by up to 6 months. The optional nature of the possibility to defer DAC6 reporting is bound to create asymmetries with various consequences within the EU, and the Dutch tax administration posted a warning to Dutch intermediaries in relation to one such potentia…

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