Penalties & Enforcement

DAC8 Penalties: What Happens If You Don't Comply?

Non-compliance with DAC8 carries real consequences. While the directive leaves specific penalty amounts to individual Member States, the enforcement framewor...

DAC8 Sanctions by Member State: A Comparative Overview

Penalty levels for DAC8 non-compliance vary significantly across EU Member States. This article provides a comparative overview of the approaches taken by ke...

DAC8 Enforcement Mechanisms: How Tax Authorities Will Verify Compliance

Understanding how tax authorities will verify DAC8 compliance helps CASPs prepare for the scrutiny they will face. This article examines the enforcement tool...

DAC8 and Automatic Exchange of Information: How Data Flows Between Member States

The automatic exchange of information is the mechanism through which DAC8 data reaches the tax authorities that need it. Understanding this flow helps CASPs ...

Late Filing Under DAC8: Consequences and Remediation

Missing a DAC8 filing deadline creates immediate compliance exposure. This article examines the consequences of late filing and the steps CASPs should take t...

DAC8 and Cross-Border Tax Audits

DAC8 data will enhance the ability of tax authorities to conduct cross-border tax audits involving crypto-assets. This article examines how these audits work...

DAC8 Whistleblower Protections and Reporting

The EU's whistleblower protection framework applies to individuals who report DAC8 violations by CASPs. This article examines how whistleblower protections i...

How Tax Authorities Will Use DAC8 Data

Understanding how tax authorities will use DAC8 data helps CASPs appreciate the importance of data quality and the downstream consequences of their reports.