Implementation of DAC 6 and notification duty of the specific cross-border arrangements in the Czech law
2020
Abstract
With effect from 1 September 2020 Law No. 343/2020 Coll., amending certain laws in connection with the implementation of European Union tax legislation in the field of double taxation, has been implemented in the Czech legal environment. This new legislation introduces new type of obligatory exchange of information regarding the cross-border arrangements, which has to be reported by liable persons within the member states of the European Union.
The purpose of this article is to summarize the legislation regarding the notification obligation for the specific cross-border arrangements and analysis of the practical aspects of application of the legal provisions regulating the notification obligation.