{"id":7430,"date":"2020-09-01T11:42:01","date_gmt":"2020-09-01T09:42:01","guid":{"rendered":"https:\/\/www.haslinger-nagele.com\/?p=7430"},"modified":"2020-09-04T17:42:20","modified_gmt":"2020-09-04T15:42:20","slug":"reporting-requirements-in-accordance-with-the-eu-mandatory-disclosure-act","status":"publish","type":"post","link":"https:\/\/www.haslinger-nagele.com\/en\/reporting-requirements-in-accordance-with-the-eu-mandatory-disclosure-act\/","title":{"rendered":"New reporting requirements under the the EU Mandatory Disclosure Act"},"content":{"rendered":"<p>On July 1st, 2020, the EU Mandatory Disclosure Act came into force, which implements the <a href=\"https:\/\/eur-lex.europa.eu\/legal-content\/EN\/TXT\/HTML\/?uri=CELEX:32018L0822\">EU Directive 2018\/882\/EU<\/a> (also known as &#8220;DAC 6&#8221;). It stipulates a mandatory reporting obligation for cross-border arrangements that meet the \u201challmarks\u201d defined in the act and involve a risk of tax avoidance, circumvention of the automatic exchange of information or a risk of prevention of identification of the beneficial owner.<\/p>\n<p>The details of the regulations raise many questions. Nevertheless, infringements may result in a fine of up to EUR 50,000. Therefore, we strongly recommend that you identify reportable transactions quickly and report them in good time. The report to the BMF via FinanzOnline can be made by \u201cintermediaries\u201d (in particular professional advisers such as lawyers, tax advisors or auditors), or, on a subsidiary basis, by the relevant taxpayers themselves.<\/p>\n<p>Our expert <a href=\"https:\/\/www.haslinger-nagele.com\/en\/team\/theresa-haglmueller\/\">Theresa Haglm\u00fcller<\/a> will be happy to answer any further questions you may have by phone or at <a href=\"mailto:akut@hnp.at\">akut@hnp.at<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<h3>Disclaimer<\/h3>\n<p>This article provides only general information and does not replace legal advice. Haslinger \/ Nagele Rechtsanw\u00e4lte GmbH assumes no liability for the content and correctness of this contribution.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>From July 31, new reporting obligations may be required under the EU Mandatory Disclosure Act (EU-Meldepflichtgesetz). We have summarized the most recent developments.<\/p>\n","protected":false},"author":17,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[31],"class_list":["post-7430","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"modified_by":"Alexander Hiersche","_links":{"self":[{"href":"https:\/\/www.haslinger-nagele.com\/en\/wp-json\/wp\/v2\/posts\/7430","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.haslinger-nagele.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.haslinger-nagele.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.haslinger-nagele.com\/en\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.haslinger-nagele.com\/en\/wp-json\/wp\/v2\/comments?post=7430"}],"version-history":[{"count":0,"href":"https:\/\/www.haslinger-nagele.com\/en\/wp-json\/wp\/v2\/posts\/7430\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.haslinger-nagele.com\/en\/wp-json\/wp\/v2\/media?parent=7430"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.haslinger-nagele.com\/en\/wp-json\/wp\/v2\/categories?post=7430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}