On 22 November 2021, the Tax Department announced a non-imposition of administrative fines for overdue submission of DAC6 reporting until 31 January 2022.
The above extension refers to the following cases:
- Arrangements that were implemented between 25 June 2018 and 30 June 2020;
- Arrangements that implemented between 1 July 2020 and 31 December 2020;
- Arrangements between 1 January 2021 and 1 January 2022, that had to be submitted within 30 days;
- Arrangement which secondary intermediaries provided assistance or advice between 1 January 2021 and 1 January 2022;
- The first periodic report on marketable arrangements.
For more details, please see the Tax Department announcement.
Please contact us for any assistance in the implementation of DAC6.