On 17 April 2020, the Latvian Cabinet of Ministers approved the regulation “Rules on automatic exchange of information on reportable cross-border arrangements” to implement the European Union (EU) directive on mandatory disclosure and the exchange of cross-border tax arrangements.
According to DAC6, taxpayers and intermediaries are required to report cross-border reportable arrangements from 1 July 2020. However, the reports subsequently refer to arrangements where the first step is implemented between 25 June 2018 and 1 July 2020.
