Executive summary
On 4 May 2022, the Luxembourg Tax Authority issued revised guidance (the revised Guidance) addressing the European Union (EU) Directive on the mandatory disclosure rules (MDR) and exchange of cross-border tax arrangements (referred to as DAC6 or the Directive). Under DAC6, taxpayers and intermediaries are required to report cross-border reportable arrangements from 1 July 2020.
Guidance was first issued in May 2020 and was subsequently updated. The newly released revised Gu…