Compliance

Compliance Reloaded: Staying Ahead of EU DAC Reporting Changes

As EU's DAC recast reforms move forward, businesses operating cross-border must adapt how information is reported to avoid penalties and make use of streamlined requirements.

By NomadicTax Research Team • 5-8 min read • September 3, 2026

## What Is the DAC Recast? The EU’s **Directive on Administrative Cooperation** (DAC) covers information exchange between Member States for tax, VAT, and financial transparency purposes. In **June 2026**, the European Commission adopted proposals to recast DAC to reduce compliance burdens, improve clarity, and align with modern practices. ([taxation-customs.ec.europa.eu](https://taxation-customs.ec.europa.eu/news/european-commission-proposes-landmark-tax-simplification-package-streamline-compliance-and-boost-2026-06-24_en?prefLang=fi&utm_source=openai)) ## Key Changes Under the DAC Recast | Area | Prior Position | What’s Changing | How That Affects Your Business | |---|---|---|---| | Reporting obligations under DAC6 (reportable cross-border arrangements) | All kinds of arrangements had to be reported. | Exclude entities already under Pillar 2 global minimum tax; remove hallmarks of limited added value. ([taxation-customs.ec.europa.eu](https://taxation-customs.ec.europa.eu/document/download/a654ad8e-606b-4ad5-a8ff-3309554224d7_en?filename=Executive+Summary+of+Impact+Assessment_DAC_Proposal+for+a+Council+Directive+-+Taxation%E2%80%99.pdf&utm_source=openai)) | Less true low-risk reporting; focus shifts to meaningful risk spots. | | Online sales of goods & digital platforms (DAC7) | Lower thresholds and more platforms required to report. | Higher monetary thresholds, removal of activity-based thresholds. ([taxation-customs.ec.europa.eu](https://taxation-customs.ec.europa.eu/document/download/a654ad8e-606b-4ad5-a8ff-3309554224d7_en?filename=Executive+Summary+of+Impact+Assessment_DAC_Proposal+for+a+Council+Directive+-+Taxation%E2%80%99.pdf&utm_source=openai)) | Small sellers may be free from reporting; platforms have clarified responsibilities. | | Duplication of notifications (DAC4 and DAC9) | Separate notices required for country-by-country reporting vs. minimum tax top-up returns. | Single notification obligation, harmonised deadlines and template. ([taxation-customs.ec.europa.eu](https://taxation-customs.ec.europa.eu/document/download/a654ad8e-606b-4ad5-a8ff-3309554224d7_en?filename=Executive+Summary+of+Impact+Assessment_DAC_Proposal+for+a+Council+Directive+-+Taxation%E2%80%99.pdf&utm_source=openai)) | Less redundant filings; simpler deadlines and documentation. | | Identification & data quality | Varied national TIN rules; frequent mismatches. | Centralised TIN verification system for tax authorities; optional for businesses. ([taxation-customs.ec.europa.eu](https://taxation-customs.ec.europa.eu/document/download/a654ad8e-606b-4ad5-a8ff-3309554224d7_en?filename=Executive+Summary+of+Impact+Assessment_DAC_Proposal+for+a+Council+Directive+-+Taxation%E2%80%99.pdf&utm_source=openai)) | Streamlined audits, fewer mismatches; integrate TIN collection in onboarding. | | Completeness of income/capital info under DAC1 | Includes categories that are outdated or low-value. | Remove life insurance product category; exchange all remaining categories automatically. ([taxation-customs.ec.europa.eu](https://taxation-customs.ec.europa.eu/document/download/a654ad8e-606b-4ad5-a8ff-3309554224d7_en?filename=Executive+Summary+of+Impact+Assessment_DAC_Proposal+for+a+Council+Directive+-+Taxation%E2%80%99.pdf&utm_source=openai)) | Investors and policy-holders should know what’s disclosed; make sure correct records are kept. | ## Practical Steps for Compliance - **Audit existing reporting scopes**: Identify if you're reporting under DAC6, 7, etc.; confirm what qualifies under priority rules. - **Update systems** to support central TIN verification. Align your backend data with EU-wide templates. - **Train your teams and advisors** on what hallmarks are being removed and which ones carry continued risk. - **Review contracts and structures**, especially for group entities affected by Pillar Two exclusions. - **Stay aware of timelines**: Proposed rules still need EU Parliament/Council adoption; implementation follows thereafter. ([taxation-customs.ec.europa.eu](https://taxation-customs.ec.europa.eu/news/european-commission-proposes-landmark-tax-simplification-package-streamline-compliance-and-boost-2026-06-24_en?prefLang=fi&utm_source=openai)) ## Examples to Illustrate - A medium-sized digital platform in France earning < EUR 3,000/month from online sales may no longer be under DAC7 reporting once the recast is adopted. | - A multinational group already paying or captured under Pillar Two IIR would now be **excluded** from DAC6 reporting for certain arrangements. | ## Risks If You Don’t Act - Fines for misreporting or nondisclosure of cross-border arrangements. | - Increased audit exposure if categorisation of your business or income types does not match EU-wide templates. | - Missed opportunities for cost savings and reduced administrative burden. | ## Timeline & What to Watch - June 2026: Proposals adopted by the Commission. ([taxation-customs.ec.europa.eu](https://taxation-customs.ec.europa.eu/news/european-commission-proposes-landmark-tax-simplification-package-streamline-compliance-and-boost-2026-06-24_en?prefLang=fi&utm_source=openai)) - Next steps: EU Council and Parliament must approve; transposition into national law follows. | - Businesses need to plan now for data system changes and workflows. | ## Conclusion The DAC recast is not just another regulation — it’s a shift toward smarter, leaner reporting. Familiarize yourself with what stays vs. what goes, align your operations, and you’ll reduce compliance risk while minimizing overhead.