DAC6 – Mandatory Disclosure Rules in Cyprus 02/06/2020 On 25 May 2018, the Economic and Financial Affairs Council formally adopted the council directive amending Directive 2011/16/EU on administrative cooperation in the field of taxation as regards mandatory automatic exchange of information in the field of taxation in relation to reportable cross-border arrangements (RCBAs) in order to disclose potentially aggressive tax planning arrangements (also commonly referred to as DAC6), which was published in the Official Journal of the European Union (OJ) on 5 June 2018. DAC6 entered into force on the twentieth day following the date of its publication in the OJ, which was on 25 June 2018. Read our briefing for more information. X Linkedin Messenger Latest News Trident Trust Expands Service Offering to Spain Introduction of the Financial Services (Global Shared Services) Rules 2022 Meet Our Team at GAIM Ops in Grand Cayman Introduction of UAE Corporate Income Tax Trident Trust Extends US Fund Services Footprint to Texas UK Register of Overseas Entities, Deadline Approaching!