Menu
  • Locations
  • WTS Global
  • Culture & Career
  • Our Experts
  • Our Services
  • News
  • Knowledge
  • Locations
  • Search
  • Press
  • Events & Webinars
  • Contact
  • Member Login
  • CI Guide
  • Albania
  • Angola
  • Argentina
  • Armenia
  • Australia
  • Austria
  • Bangladesh
  • Belarus
  • Belgium
  • Benin
  • Bolivia
  • Brazil
  • Bulgaria
  • Burkina Faso
  • Burundi
  • Cambodia
  • Cameroon
  • Canada
  • Chile
  • China
  • Colombia
  • Costa Rica
  • Croatia
  • Cyprus
  • Czech Republic
  • Denmark
  • Dominican Republic
  • Ecuador
  • Egypt
  • El Salvador
  • Estonia
  • Finland
  • France
  • Georgia
  • Germany
  • Ghana
  • Gibraltar
  • Greece
  • Guatemala
  • Guinea
  • Honduras
  • Hong Kong
  • Hungary
  • Iceland
  • India
  • Indonesia
  • Iran
  • Iraq
  • Ireland
  • Israel
  • Italy
  • Ivory Coast
  • Japan
  • Kazakhstan
  • Kenya
  • Korea
  • Kyrgyzstan
  • Laos
  • Latvia
  • Lithuania
  • Luxembourg
  • Macao
  • Macedonia
  • Madagascar
  • Malaysia
  • Mali
  • Malta
  • Mauritius
  • Mexico
  • Moldova
  • Mongolia
  • Montenegro
  • Morocco
  • Mozambique
  • Myanmar
  • Nepal
  • Netherlands
  • New Zealand
  • Nicaragua
  • Niger
  • Nigeria
  • Norway
  • Pakistan
  • Panama
  • Paraguay
  • Peru
  • Philippines
  • Poland
  • Portugal
  • Puerto Rico
  • Romania
  • Russia
  • Rwanda
  • Saudi Arabia
  • Senegal
  • Serbia
  • Singapore
  • Slovakia
  • Slovenia
  • South Africa
  • Spain
  • Sri Lanka
  • Sweden
  • Switzerland
  • Taiwan
  • Tanzania
  • Thailand
  • Togo
  • Trinidad and Tobago
  • Tunisia
  • Turkey
  • Turkmenistan
  • Uganda
  • Ukraine
  • United Arab Emirates
  • United Kingdom
  • Uruguay
  • USA
  • Uzbekistan
  • Venezuela
  • Vietnam
  • Zambia
  • About Us
  • Our CEO
  • Our Board
  • Quality, Process & Risk Management
  • Culture and Leadership
  • Diversity
  • WTS Global Academy
  • Career
  • Your Development
  • Corporate Tax
  • Customs
  • Global Mobility
  • Indirect Tax
  • International Corporate Tax
  • Mergers & Acquisitions (M&A)
  • Private Clients & Family Office Services
  • Real Estate Services
  • Tax Controversy
  • Tax Technology
  • Transfer Pricing & Valuation Services
  • Latest News
  • Brochures
  • Newsletters
  • Surveys & Studies
  • Subscription
  • COVID-19 Global updates
  • The Digital Tax Law Center (DTLC)
  • VAT Update for the Digital Economy
  • The European Tax Law Center (ETLC)
  • OECD Proposal for a new tax order - Comments
  • Tax Loss Carryback
  • Real Estate Guide
  • success
  • error
  • termination
  • registration-success
  • Press
  • Events & Webinars
  • Contact
  • Member Login
  • CI Guide
WTS worldwide
  • Albania
  • Angola
  • Argentina
  • Armenia
  • Australia
  • Austria
  • Bangladesh
  • Belarus
  • Belgium
  • Benin
  • Bolivia
  • Brazil
  • Bulgaria
  • Burkina Faso
  • Burundi
  • Cambodia
  • Cameroon
  • Canada
  • Chile
  • China
  • Colombia
  • Costa Rica
  • Croatia
  • Cyprus
  • Czech Republic
  • Denmark
  • Dominican Republic
  • Ecuador
  • Egypt
  • El Salvador
  • Estonia
  • Finland
  • France
  • Georgia
  • Germany
  • Ghana
  • Gibraltar
  • Greece
  • Guatemala
  • Guinea
  • Honduras
  • Hong Kong
  • Hungary
  • Iceland
  • India
  • Indonesia
  • Iran
  • Iraq
  • Ireland
  • Israel
  • Italy
  • Ivory Coast
  • Japan
  • Kazakhstan
  • Kenya
  • Korea
  • Kyrgyzstan
  • Laos
  • Latvia
  • Lithuania
  • Luxembourg
  • Macao
  • Macedonia
  • Madagascar
  • Malaysia
  • Mali
  • Malta
  • Mauritius
  • Mexico
  • Moldova
  • Mongolia
  • Montenegro
  • Morocco
  • Mozambique
  • Myanmar
  • Nepal
  • Netherlands
  • New Zealand
  • Nicaragua
  • Niger
  • Nigeria
  • Norway
  • Pakistan
  • Panama
  • Paraguay
  • Peru
  • Philippines
  • Poland
  • Portugal
  • Puerto Rico
  • Romania
  • Russia
  • Rwanda
  • Saudi Arabia
  • Senegal
  • Serbia
  • Singapore
  • Slovakia
  • Slovenia
  • South Africa
  • Spain
  • Sri Lanka
  • Sweden
  • Switzerland
  • Taiwan
  • Tanzania
  • Thailand
  • Togo
  • Trinidad and Tobago
  • Tunisia
  • Turkey
  • Turkmenistan
  • Uganda
  • Ukraine
  • United Arab Emirates
  • United Kingdom
  • Uruguay
  • USA
  • Uzbekistan
  • Venezuela
  • Vietnam
  • Zambia
  • WTS Global
    WTS Global

    Here you will find more information on our organization’s structure, experts and global reach.

    Read more
    About Us Our CEO Our Board Quality, Process & Risk Management
  • Culture & Career
    Culture & Career

    The WTS Global Academy - Bringing value to the whole

    Read more
    Culture and Leadership Diversity WTS Global Academy Career Your Development
  • Our Experts
    Our Experts

    With a representation in over 100 countries, our team offers local expertise on a global scale. Learn more about our experts.

    Read more
  • Our Services
    Our Services

    Through our global network firms we deliver practical and individualized solutions in all areas of tax. Learn more about our global services.

    Read more
    Corporate Tax Customs Global Mobility Indirect Tax International Corporate Tax
    Mergers & Acquisitions (M&A) Private Clients & Family Office Services Real Estate Services Tax Controversy Tax Technology
    Transfer Pricing & Valuation Services
  • News
    News

    Find here the latest tax news for our locations worldwide.

    Read more
    Latest News
  • Knowledge
    Knowledge

    Our quick overview with downloads: newsletters, publications, surveys. 

    Read more
    Brochures Newsletters Surveys & Studies Subscription COVID-19 Global updates
    The Digital Tax Law Center (DTLC) VAT Update for the Digital Economy The European Tax Law Center (ETLC) OECD Proposal for a new tax order - Comments Tax Loss Carryback
    Real Estate Guide
  • Locations
    Locations

    Our locations worldwide

    Read more
  • Search
Home ECOFIN reaches agreement on DAC 7
16.12.2020

ECOFIN reaches agreement on DAC 7

The amendments to the Directive 2011/16/EU on “Administrative Cooperation in the field of Taxation” (“DAC”) are following each other up in quick succession. Recently, an agreement has been reached on the “DAC 7” proposal, which will introduce, amongst other, reporting obligations for digital platform operators and the automatic exchange of the reported information between Member States. This newsflash provides an update on this matter.   

On 15 July 2020, the European Commission (‘EC’) adopted a new tax package on fair and simple taxation. This package included a proposal to amend the DAC for the 6th time (hence: DAC 7). A modified version of this DAC 7 proposal was published by the Council on 25 November. On 1 December 2020, an agreement was reached on the revised proposal at an ECOFIN meeting. Several procedural formalities will take place in the upcoming weeks, before the EU Council will formally adopt the proposal. 

Click here to view the full document.

Download Newsflash #15
PDF
Articles you might be interested in

June 2020 

 

The EU allows to postpone the DAC 6 deadlines.

Deferral of DAC6 deadlines due to COVID-19 - ETLC Newsflash #10
read more

May 2020 

 

The European Court of Justice rules in favour of the Italian FTT in case C-565/18, Société Générale of April 2020

The ECJ takes positive decision on Italian FTT - ETLC Newsflash #9
read more

April 2020

Exemption from withholding tax on dividends paid by a French company to a non-resident company - ETLC Newsflash #8
read more

Get in contact

If you have any questions about WTS Global or our global services, please get in touch.
We will respond to you as soon as possible.

Contact
About Us
  • WTS Global
  • Our CEO
  • Our Board
  • Quality, Process & Risk Management
Culture & Career
  • Culture and Leadership
  • Diversity
  • Career
  • Your Development
Our Services
  • Corporate Tax
  • Customs
  • Global Mobility
  • Indirect Tax
  • International Corporate Tax
  • Mergers & Acquisitions (M&A)
  • Private Clients & Family Office Services
  • Real Estate Services
  • Tax Controversy
  • Tax Technology
  • Transfer Pricing & Valuation Services
News
  • COVID-19 Global updates
  • The European Tax Law Center (ETLC)
  • VAT Update for the Digital Economy
  • OECD Proposal for a new tax order - Comments
  • Study: Artificial Intelligence within taxation
  • Study: WTS Global Country TP Guide
Knowledge
  • Subscription
  • ITP Newsletter
  • Global Mobility Newsletter
  • VAT Newsletter
  • Transfer Pricing Newsletter
  • Private Clients & Family Office Services
  • Brochures
  • Tax Loss Carryback
Exclusive Cooperation With
© 2021 WTS Company Information Data Protection Disclaimer