BlueBridge’s Webinar Recap: The DAC6 Main Benefit Test (MBT) and Other Limiting Factors

This webinar – designed for attendees with an understanding of the objectives and mechanics of DAC6  – focused on the overly broad definition of Reportable Cross-Border Arrangements, the methods by which local tax authorities are seeking to reduce the volume of reports, and the practical implications of these efforts.

Paul and Anna began with a refresher on DAC6: Its aims, methods and terminology, defining and examining key concepts such as the Main Benefit Test (MBT) and the DAC6 Hallmarks. Then, the BlueBridge team introduced the various measures adopted by EU Member States via their local guidance notes to limit the numbers of reports that do not serve their aims, whether by enhancing the MBT or re-framing the Hallmarks through interpretations, examples and whitelists. Finally, they delved into the concrete compliance consequences of the original problem–too much reporting–the assorted solutions to this original problem and the new problems generated by these solutions.

If you missed the webinar but are interested in learning more about these crucial DAC6 topics, have no fear.

• You can access a replay of the webinar on our YouTube channel 

• You can download our  The MBT and Other DAC6 Limiting Factors presentation from the webinar 

• You can find a written analysis of the UK and Dutch efforts to control reporting volumes through an enhanced MBT in our blog entitled “BlueBridge’s DAC6 State of Play (Issue no. 3)” 

• For any specific inquiries you have concerning DAC6 reporting and/or the BlueBridge menu of service offerings, you can email us at hello@bluebridgelimited.com