July 17 2020

COVID-19 Pandemic: Government Defers Exchange of Information Deadlines under DAC6

Source: IBFD Tax Research Platform News

The UK government has confirmed the postponement of reporting deadlines under Council Directive 2018/822 (DAC6) following the adoption of Council Directive (EU) 2020/876 amending the Directive on Administrative Cooperation (DAC). This measure comprises part of the government's COVID-19 pandemic package.

The new reporting deadlines are as follows:

Time framework for reporting Reporting deadline
mainstream reporting (30-day period to report new cross-border arrangements) The period commences on 1 January 2021
lookback reporting (reportable arrangements from 25 June 2018 to 30 June 2020) 28 February 2021
periodic reporting on marketable arrangements 30 April 2021


Reporting as from 1 January 2021 must be done as normal.

In addition, HM Revenue and Customs (HMRC) confirmed that the IT systems for reporting will be available ahead of the revised reporting deadlines (for the HMRC statement, see here).

The International Tax Enforcement (Disclosable Arrangements) (Coronavirus) (Amendment) Regulations 2020 (S.I. 2020/713) were made on 9 July 2020. The Regulations will come into force on 30 July 2020.