News, standards updates and audit guidance for crypto-accounting teams, covering reporting, compliance and regulatory developments.
The European Commission's proposed Omnibus Directive and DAC Recast will reshape cross-border tax compliance obligations for EU-operating firms, with unanimous member-state approval still required.
The European Commission's June 2026 Tax Omnibus rewrites core EU direct-tax directives, removing holding requirements, tightening anti-abuse rules, and aligning CFC and Pillar Two treatment. Accounting firms and CFOs serving EU multinationals need to map the changes now.
Three EU tax shifts land simultaneously: the FASTER Directive is now law, Italy's tax consolidation rules face a CJEU test, and Romania's windfall tax joins a growing queue of CJEU referrals. Accounting firms and CFOs need to know what each means for cross-border structures.
DAC7 is live across most EU member states: where implementation stands, what platform operators must report, and which countries are still catching up
Four concurrent EU tax enforcement and legislative developments across Luxembourg, Netherlands, Poland, and Sweden create immediate compliance pressure for multinationals and their advisers.
Four CJEU and EU-level tax rulings from late 2022 carry direct compliance implications for accounting firms and CFOs operating across Italy, Portugal, Spain, the Netherlands, and Germany, covering property platform withholding, capital duties, State aid, and energy solidarity contributions.
DAC9 formalises the GloBE Information Return in EU law, creating a central filing option and mandatory information exchange that MNE groups and their advisers must plan around now
Two landmark EU court rulings reshape the tax treatment of cross-border banking branches in Portugal and close off a direct challenge to the EU Minimum Tax Directive, with direct implications for multinational structures and tonnage tax planning.
EU DAC6/DAC7/DAC8 regulatory shifts, IAS 12 GloBE amendments, and member-state implementations create concrete compliance obligations for accounting firms and CFOs advising EU-facing clients
EU DG TAXUD's new two-volume wealth tax study maps regimes across seven jurisdictions and flags compliance gaps, information exchange deficits, and the growing importance of tax administration digitalisation for accounting firms advising high-net-worth clients.
EU DG TAXUD publishes the 2026 ViDA work programme, giving accounting firms and CFOs a concrete implementation roadmap for phased VAT digitalisation through 2035
EU DG TAXUD confirms Cyprus IIR has qualified status under the Pillar 2 Directive regardless of OECD Central Record listing, with direct implications for MNE filing strategies before the 30 June 2026 deadline.
EBA's new milestone requires crypto accounting software to adapt to enhanced reporting standards for EU firms.
EMIR 3 introduces an active account requirement for EU counterparties, expanding reporting obligations that intersect with dac8 reporting and crypto asset accounting standards.
ESMA's call for unauthorised CASPs to wind down orderly as MiCA transitional period ends, highlighting compliance obligations for crypto firms and implications for accounting firms advising clients.
ACCA highlights how DAC8 reporting is a new revenue stream for accounting firms, alongside evolving crypto US GAAP and IFRS standards.
DAC8 reporting introduces mandatory disclosure of crypto transactions for EU tax authorities, aligning with global standards like CARF and impacting accounting firms' compliance workflows.
The EBA's discussion paper on a Pillar 3 data hub for SMA will increase reporting requirements for banks with crypto exposures, making crypto accounting software essential for automated compliance.
The EBA's June 2026 email alert signals new compliance expectations for crypto accounting software, pushing firms to adopt digital asset accounting software that meets evolving regulatory standards.
Spain's firm stance on MiCA compliance deadlines signals a broader EU trend, requiring crypto firms to urgently align their accounting and reporting processes.
