DAC8 — EU Crypto Tax Reporting Directive | Compliance Frameworks

tax

Summary

The EU's Directive on Administrative Cooperation (DAC8) extends automatic exchange of tax information to crypto-assets. Crypto-asset service providers must report transaction data to their national tax authority, which then shares it across EU member states. Aligned with the OECD Crypto-Asset Reporting Framework (CARF). Brings crypto tax reporting in line with traditional financial instruments under CRS/DAC standards.

Key Requirements

CASP reporting of user transactions to tax authority
Cross-border information exchange between EU states
OECD CARF alignment
User identification for tax purposes
Annual reporting obligations
EU Crypto Tax Reporting Directive — The EU's Directive on Administrative Cooperation (DAC8) extends automatic exchange of tax information to crypto-as
DAC8, Council Directive (EU) 2023/2226 of 17 October 2023, amends Directive 2011/16/EU so that Reporting Crypto-Asset Service Providers report their E
Under DAC8 (Council Directive (EU) 2023/2226, Annex VI Section II) Reporting Crypto-Asset Service Providers must report to their tax authority, for ea
Under DAC8 (Council Directive (EU) 2023/2226), the tax authority receiving crypto-asset reports must communicate them to the Member State of residence
DAC8 (Council Directive (EU) 2023/2226) builds the EU crypto-asset reporting rules on the OECD Crypto-Asset Reporting Framework (CARF), so that report
DAC8 (Council Directive (EU) 2023/2226, Annex VI Sections II–III) requires crypto-asset service providers to perform due diligence on users and report
DAC8 (Council Directive (EU) 2023/2226) requires annual reporting by calendar year; the first reports cover calendar year 2026 and are filed in 2027.

Jurisdictions Implementing This Framework

42 jurisdictions reference this framework

DAC8 — EU Crypto Tax Reporting Directive

Summary

Key Requirements

Jurisdictions Implementing This Framework

Related Articles