On 25 October 2019, the Swedish Tax Agency issued a guidance on the implementation of an EU Council Directive on the mandatory automatic exchange of information in relation to reportable cross-border arrangements (DAC6). The guidance includes the new reporting obligations for advisors, tax consultants, and lawyers.
Although the required legislation to implement the Directive is currently pending, it is expected to be decided on in parliament before 31 December 2019 and the requirements will enter into force on 1 July 2020.
