DAC6 Pulse - February 2020 - Issue 5

07/02/20

Hallmark of the Month: B.2

In our DAC6 Pulses we keep you informed about the implementation of DAC6 in the different EU member states. In addition, we periodically explain one of the key features (‘hallmarks’) of DAC6 in our Hallmark of the Month Pulse editions. A transaction must fall within the scope of one of 'hallmarks' in order to be reportable. The explanation and interpretation of the hallmarks is therefore very important.

This edition focuses on Hallmark B.2. Hallmark B.2 concerns conversions of income into capital, gifts or other categories of income that are taxable at a lower rate or are fully tax exempt. Read more about the Hallmark of the Month in this edition of the DAC6 Pulse.