DAC6 / MDR: administrative deferral
Yesterday, on 28 January 2021, the Belgian Tax Authorities announced that, because of the challenges in the communication between those who are required to report and the relevant taxpayers in the start-up phase (due to the Covid-19 Pandemic), it will apply an administrative deferral until 28 February 2021 for the arrangements which have to be reported in the months January and February 2021. The sanctions for late reporting will not apply during this period.
The announcement on the website of the Belgian Tax Authorities can be accessed here: Mandatory Disclosure Rules (MDR) | FO Financiën (belgium.be) . For more information on the Belgian implementation of DAC6, please visit our website here or contact us.