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EU publishes Directive proposal on tax transparency rules for crypto-assets

|Tax Alerts, Legislation & Policy, National/Federal Taxation, Asset Management, Banking & Capital Markets, Insurance, OECD|European Union
European Union

  • The European Commission has published proposals to revise the Directive on administrative cooperation to implement the Organisation for Economic Co-operation and Development’s (OECD) rules on reporting for crypto-assets.

  • The rules will require institutions offering crypto-asset services or e-money services to customers in the European Union (EU) to report, with 2026 as the first year to report on (by 31 January 2027).

  • The proposed rules also contain updates to existing automatic exchange of inform…

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