DAC6 Technical Flowcharts

The General Store DAC6 Technical Flowcharts guide the User through key sections of DAC6 analysis step-by-step, addressing each of the following themes critical for DAC6 compliance:

1. The determination of whether the Arrangement in question and the User or its clients are subject to DAC6 based on their connections to the EU;
2. The application of the DAC6 Hallmarks to the Arrangement in question; and
3. The qualification of the User as a Reporting Intermediary (as defined for purposes of DAC6)

By analyzing each Arrangement and the parties to it, the User of the DAC6 Technical Flowcharts can determine (i) whether an Arrangement qualifies as a reportable and, if so, (ii) the User’s own obligation (or the User’s client’s obligation) to disclose it.

These General Store DAC6 Technical Flowcharts are critical tools for fiduciaries, financial advisors, lawyers, accountants and other potential Intermediaries to diagnose their compliance duties under DAC6.

Non-compliance under DAC6–judged on a strict liability standard–is subject to fines reaching as high as USD 250,000 in some EU jurisdictions

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This resource covers:

• The determination of whether the Arrangement in question and the User or its clients are subject to DAC6 based on their connections to the EU.
• The application of the DAC6 Hallmarks to the Arrangement in question.
• The qualification of the User as a Reporting Intermediary (as defined for purposes of DAC6).