DAC 8 introduces the automatic sharing of information on crypto-assets among EU member states. It represents the eighth update to the Directive on Administrative Cooperation in Direct Taxation.
Austria’s Federal Council (Bundesrat) approved a bill on 18 December 2025 implementing Amending Directive to the 2011 Directive on Administrative Cooperation (2023/2226) (DAC8).
DAC 8 introduces the automatic sharing of information on crypto-assets among EU member states. It represents the eighth update to the Directive on Administrative Cooperation in Direct Taxation.
The Directive establishes procedures for reporting and exchanging details about crypto-asset users. It requires operators involved in crypto transactions to follow due diligence and reporting obligations. These rules align with the OECD’s Crypto-Asset Reporting Framework (CARF) and cover a wide range of crypto-assets, using definitions from the European Crypto-Assets Regulation (MiCA).
The legislation aligns Austrian law with updated EU rules on administrative cooperation in tax matters, with an expanded focus on crypto-assets. It incorporates the Anti-Fraud Act 2025, including the Crypto-Asset Reporting Act (Krypto-MPfG), which requires crypto-asset service providers to register and automatically report transaction data to tax authorities.
The bill also amends the Common Reporting Standard Act and the Banking Act to strengthen account holder identification, due diligence, and reporting obligations, and introduces monetary penalties for non-compliance.
The law will enter into force following its publication in the Official Gazette.
Earlier, the Austrian Parliament National Council (Nationalrat) passed the draft legislation to implement the Amending Directive to the 2011 Directive on Administrative Cooperation (DAC8, 2023/2226) on 10 December 2025.
