KPMG Gibraltar reposted this
Will there be a revised #DAC6 in early 2026? The most recent ECOFIN meeting on 20 June concluded that the EU wouldn't pursue #UNSHELL as a standalone DAC10, but it would be better added to the DAC6 hallmarks. ECOFIN suggested that this, and other hallmarks, could be best considered after the Commission has finalized its analysis of the functioning of the DAC. https://lnkd.in/eYhS9b99
Partner at KPMG UK, Tax Governance and ESG Tax Lead
2moVery interesting David. It would be great to see more harmonisation of DAC6 across Member States and a greater shared understanding of the intention of the original hallmarks/the arrangements that they are designed to target. Managing the subtle differences in implementation is challenging for in-house teams!