In our meetings with our DAC6pro users, we have learned that many intermediaries and multinationals still struggle with making the actual DAC6 assessment. People find it challenging to do a DAC6 assessment because they have trouble understanding the (tax) rationale behind hallmarks or reading the complex tax and/or legal language. 

Pre-check your DAC6 assessment

We’re considering including a new DAC6 pre-assessment feature, i.e., a questionnaire that only contains a few simple questions in Lehman terms so that a non-DAC6 professional can easily determine whether a full assessment is required. This DAC6 pre-assessment ensures that at a very minimum, an audit trail exists to most workstreams of intermediaries and that there is proof of assessment, even if that is a light assessment. 

What will this feature look like?

When you log in to DAC6pro, a window will open where you first have to enter a short description of the arrangement/workstream and then complete a short questionnaire with a few straightforward questions that determine whether you have to make a full DAC6 assessment. Questions the user would have to complete could be as follows:

  • Are you involved in an arrangement as:
    • Intermediary – lead
    • Intermediary – assisting
    • Taxpayer – with intermediary involved on the arrangement
    • Taxpayer – with no intermediary involved on the arrangement
  • Does your arrangement involve:
    • A construction (only if new – i.e., after June 25, 2018)
    • Compliance work (e.g. tax returns)
    • Other work – descriptive in nature (e.g. transfer pricing documentation, due diligence reports)
  • Is the arrangement:
    • Cross-border
    • National
  • Is the arrangement able to be implemented:
    • Yes
    • No

Depending on the answers, you will finish the “light” assessment or be pushed to the full assessment area (we will validate the final questions with our customers and prospects to get to a “golden standard”). This DAC6 pre-assessment ensures that at a very minimum an audit trail exists to most workstreams of intermediaries and that there is proof of assessment, even if that is a light assessment.

Win an Amazon Giftcard of €100,-

Help us by answering nine short questions and have a chance to win an Amazon Online Giftcard of €100,-. The winner will be informed via email on January 3, 2022.

Please, let us know if you have any questions or ideas by sending us an email ([email protected]) or book a meeting with one of our Tax Technology Experts here. We’d love to hear from you, we’re happy to help you!