News Explorer — The EU Parliament Has Approved DAC8, a Cryptocurrency Tax Reporting Rule

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Sep 13, 5:09 pm

Cointelegraph

The EU Parliament Has Approved DAC8, a Cryptocurrency Tax Reporting Rule

The European Union parliament overwhelmingly voted in support of the cryptocurrency tax reporting rule, DAC8, in a plenary session. The directive aims to empower tax collectors to track and assess all cryptocurrency transactions within the Union. Member states have until December 31, 2025, to implement the rules before it officially goes into effect on January 1, 2026.

The European Union parliament overwhelmingly voted in support of the cryptocurrency tax reporting rule, DAC8, in a plenary session. The directive aims to empower tax collectors to track and assess all cryptocurrency transactions within the Union. Member states have until December 31, 2025, to implement the rules before it officially goes into effect on January 1, 2026.

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