In this article, Werner Heyvaert and Vicky Sheikh address the implementation of the Mandatory Disclosure Directive known as D.A.C.6, from a Belgium perspective.
D.A.C.6 established a framework designed to shine a light on cross-border tax plans potentially viewed as aggressive by European tax authorities. They discuss the key features of the Belgian administrative guidance. Werner and Vicky focus on the Explanatory Memorandum of the Belgian Law implementing the Directive and the list of Frequently Asked Questions recently published by the Belgian Revenue Service.
The article is an initiative of New York based law firm Ruchelman P.L.L.C. and includes the perspective of 8 other countries that are Member States of the European Union. Click here to read the article.