The Dutch lower house has approved legislation implementing the EU’s DAC8 directive, introducing new reporting and information-exchange rules for electronic money and crypto-assets with retroactive effect from 1 January 2026, alongside tougher disclosure requirements and penalties aimed at strengthening tax transparency.
The Netherlands’ lower house of parliament has approved a bill to implement the rules of the Amending Directive to the 2011 Directive on Administrative Cooperation (2023/2226) (DAC8) on 27 January 2026. The bill introduces new rules for reporting and exchanging tax information on electronic money and cryptocurrency assets, with retroactive effect from 1 January 2026.
Crypto-asset providers and transaction intermediaries must collect and report client information to the Tax Administration by 31 January of the following year, with 2026 data due by 31 January 2027. The information will then be shared with other EU Member States within nine months after the end of the relevant calendar year.
The European DAC8 Directive aims to increase transparency into crypto asset ownership, helping combat tax avoidance and evasion more effectively. The bill also mandates exchanging information on cross-border rulings involving individuals with transactions over EUR 1.5 million (or equivalent) and rulings on Dutch residency status. Failure to report on time, accurately, or entirely may result in a maximum penalty of EUR 1,030,000.
Approved by the European Council in October 2023, DAC8 is based on the OECD’s Crypto-Asset Reporting Framework (CARF) and the updated Common Reporting Standard (CRS) for the automatic exchange of financial account information.
Earlier, the Netherlands Ministry of Finance informed the House of Representatives on 7 July 2025 that a draft bill had been submitted to implement Council Directive (EU) 2023/2226 (DAC8).
