Strengthening EU Tax Cooperation and Crypto-Asset Reporting

by name voted on 13.09.2023

Summary

The proposal updates EU tax rules to include crypto-assets and e-money in automatic information exchanges to fight tax fraud. It also aims to improve data accuracy through better use of Tax Identification Numbers.

9 13.09.2023

Other

finance

taxation

administrative law

business and competition

information technology and data processing

Key points

In force from 01/01/2027

The motion adds regulations to include crypto-assets and e-money tokens in the automatic exchange of information.
The motion expands the scope of reported income to include capital gains from immovable property and non-custodial dividends.
The motion mandates the use of Tax Identification Numbers to improve data matching in cross-border relations.
The motion establishes a central directory to replace email-based information exchange with more efficient digital storage.

Vote

PPE

S&D

Renew

Verts/ALE

ECR

ID

NI

The Left

Total

Documents (PDFs)

REPORT on the proposal for a Council directive amending Directive 2011/16/EU on administrative cooperation in the field of taxation Taxation: administrative cooperation

These raw data are provided by the Open Data Portal of the European Union (data.europa.eu) and are licensed under ODC-BY 1.0.