Upcoming DAC6 webinars
DAC6 is an EU Directive that aims to strengthen tax transparency and fight against aggressive tax planning. Anyone who is involved in a cross-border arrangement including certain characteristics might fall within the scope of DAC6. This might include banks, trust companies, insurance companies, holding companies, group treasury functions, consultants, accountants, financial advisors and lawyers (including in-house).
On 13 January 2020, HMRC laid the UK’s DAC6 legislation before the House of Commons in the form of the International Tax Enforcement (Disclosable Arrangements) Regulations 2020, Statutory Instrument 2020 No. 25. The legislation will come into force on 1 July 2020. Reporting will be required for transactions in which the first step of implementation was carried out on or after 25 June 2018.
To help firms comply with DAC6, we will be hosting two webinars.
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DAC6 — How to prepare
Wednesday 26 February, 12:00pm
In this webinar, we will be joined by Director of Best Practice Gary Yantin and Research and Legal Executive Ruth Cohen to share the key findings of HMRC’s final legislation and its consultation and give guidance on best practice to firms on their reporting requirements under DAC6.
The webinar will include:
- A summary of HMRC's implementation of DAC6
- Examples of how different countries have implemented DAC6
- A summary of our findings from core group meetings with leading international firms
- Practical application of DAC6 in your firm
- Answering questions from attendees
Can't make it? Register anyway and we'll send you a full recording after the webinar.
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DAC6 — A live demo of our reporting solution
Wednesday 4 March, 12:00pm
Since DAC6 was adopted by ECOFIN on 25 May 2018, VinciWorks has been in close consultation with HMRC and over 50 leading international firms to establish the implications of the EU Directive and build a reporting solution to help firms comply.
Join us for a short meeting where we will be covering the core features of our software and give guidance on how intermediaries can use it to report transactions. If you have any questions regarding Omnitrack that you would like answered during the meeting, enter them in the form provided below.
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About the experts
Legal and Research Executive and Data Protection Officer Ruth Cohen holds an LLB specialising in International Commercial Law. Ruth has experience in both the public and private sectors, having consulted for many Fortune 500 companies. She has expert-level knowledge across a wide range of areas including corporate finance, DAC6, GDPR, information security, commercial law and regulatory compliance.
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As Director of Best Practice at VinciWorks, Gary Yantin works with professional service firms of all sizes to provide the best compliance learning experience for their staff. He was previously an in house lawyer and a solicitor in private practice. Gary has hosted many webinars and workshops for VinciWorks on a wide range of risk and compliance topics including GDPR and the SRA's new approach to ongoing learning.
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DAC6 reporting and training solution
VinciWorks has built a DAC6 reporting and training solution to help businesses reach full compliance with the Directive. This includes a secure, enterprise-wide data management portal for recording all cross-border tax transactions and two courses.
- DAC6 reporting portal — Record all cross-border tax transactions that may require reporting according to DAC6
- DAC6: Fundamentals course — Follow an interactive flow-chart navigation to help establish which transactions you are required to report
- DAC6: The Basics course — Interactive training for staff, providing an overview of the key elements of the Directive
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About VinciWorks
VinciWorks is the definitive authority in compliance training and software. With over 250,000 users across 70 countries, our training is used by leading corporations in every sector, including 60 of the largest 100 law firms in the world.
The VinciWorks compliance training suite provides practical, interactive and customisable training available in multiple languages. The courses are updated regularly to meet evolving regulatory legislation.
The suite includes the following courses:
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VinciWorks, Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE
Email: [email protected]
Tel: + 44(0)20 8815 9308
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