On 4 February 2020, the Swedish Government has submitted final draft law on implementation of Council Directive (EU) 2018/822 of 25 May 2018 (DAC6) on reportable cross-border tax planning arrangements (DAC6) to Parliament. The Ministry of Finance presented the proposal in line with the draft in December 2019.
The directive introduces common EU rules on the obligation to provide information for so-called reporting obligations and the automatic exchange of information on these arrangements between the competent authorities of the Member States and the European Commission. Under the Directive, the reporting requirements will apply from 1 July 2020, with initial disclosures required by 31 August 2020 in respect of reportable arrangements during the period 25 June 2018 to 30 June 2020.
