CFE Tax Advisers Europe has issued an Opinion Statement PAC 5/2018 on the legal professional privilege reporting requirement waiver set out in Article 8ab(5) of the Council Directive (EU) 2018/822 of 25 May 2018 (“DAC6” or “Mandatory Disclosure Rules Directive”).
This statement sets out CFE’s expectation that European Union Member states will fully respect the legal professional privilege reporting wavier as set out in Article 8ab(5) of DAC6 in the course of transposition and implementation of this Directive, in those Member states where such rights exist for tax advisers under domestic law. CFE strongly believes the principle of confidentiality and transparency in taxation can go hand in hand.
We invite you to read the Opinion Statement and remain available for any questions or comments that you may have.