HMRC consults on cross-border tax disclosure rules
The government is consulting on new rules required to implement an EU directive that will require the disclosure to HMRC of certain cross-border arrangements that could be used to avoid or evade tax.
From 1 July 2020 an EU directive known as DAC 6 will require taxpayers and their advisers to report details of certain cross-border arrangements that could be used to avoid or evade tax to HMRC.
Read more at Accountancy Daily.
