neutron on Nostr: EU residents remember, that directive DAC8 came into effect as of January 1st. It ...

EU residents remember, that directive DAC8 came into effect as of January 1st. It means that all KYC exchanges must report transactions to #tax authorities, even across borders in the #eu.

KYC is dead and gone.

https://taxation-customs.ec.europa.eu/taxation/tax-transparency-cooperation/administrative-co-operation-and-mutual-assistance/directive-administrative-cooperation-dac/dac8_en