{"id":4078,"date":"2026-04-01T02:53:26","date_gmt":"2026-04-01T02:53:26","guid":{"rendered":"https:\/\/www.europesays.com\/lu\/4078\/"},"modified":"2026-04-01T02:53:26","modified_gmt":"2026-04-01T02:53:26","slug":"luxembourg-implements-measures-extending-automatic-exchange-of-information","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/lu\/4078\/","title":{"rendered":"Luxembourg implements measures extending automatic exchange of information"},"content":{"rendered":"<p>        On 19 March 2026, the Luxembourg Parliament adopted a <a href=\"https:\/\/wdocs-pub.chd.lu\/docs\/Dossiers_parlementaires\/8592\/20260313_RapportCommission.pdf\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">law<\/a> (Law) transposing European Union Directive 2023\/2226 (<a href=\"https:\/\/eur-lex.europa.eu\/eli\/dir\/2023\/2226\/oj\/eng\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">DAC8<\/a>) into Luxembourg tax legislation, introducing mandatory reporting and exchange of information on crypto assets.With retroactive effect from 1 January 2026, the scope of automatic exchange of information is extended to cover life insurance income and certain advance cross-border rulings.The new framework will require stakeholders to adapt customer onboarding, compliance procedures and data reporting processes.<br \/>&#13;<\/p>\n<p>On 19 March 2026, the Luxembourg Parliament adopted a <a href=\"https:\/\/wdocs-pub.chd.lu\/docs\/Dossiers_parlementaires\/8592\/20260313_RapportCommission.pdf\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">law<\/a> (Law) transposing European Union Directive 2023\/2226 of 17 October 2023 (<a href=\"https:\/\/eur-lex.europa.eu\/eli\/dir\/2023\/2226\/oj\/eng\" rel=\"nofollow noopener\" target=\"_blank\">DAC8<\/a>) into Luxembourg tax legislation.<\/p>\n<p>In addition to setting out targeted registration, due diligence and reporting obligations for Crypto-Asset Service Providers and Operators, the Law extends the automatic and mandatory exchange of information to cover income from life insurance products and specific advance cross-border rulings granted to individuals. The Law further updates national rules on reportable cross-border arrangements, platform operator reporting, the Common Reporting Standard and Country-by-Country Reporting, in accordance with DAC8 requirements.<\/p>\n<p>The law was adopted with minor amendments to the draft published on 24 July 2025, including an extension to Reporting Crypto-Asset Service Providers of the \u20ac5,000 penalty for incomplete or incorrect reporting.<\/p>\n<p>The provisions of the Law apply from 1 January 2026, with first crypto-asset reporting and exchange of information to take place in June and September 2027, respectively.<\/p>\n<p>For more information on the newly introduced measures, see EY Global Tax Alert, <a href=\"https:\/\/eur01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.ey.com%2Fen_lu%2Finsights%2Ftax%2Fluxembourg-to-transpose-dac8-extending-automatic-information-exchange-on-crypto-assets-life-insurance-income-tax-rulings&amp;data=05%7C02%7Cina.wohlers%40lu.ey.com%7C253b9377a3914e5c8eee08de86540c15%7C5b973f9977df4bebb27daa0c70b8482c%7C0%7C0%7C639095892997778985%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=2mDdy1X%2BYz3memHhrJGflurvNfDpHrC9no6IkP6G8Js%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Luxembourg to transpose DAC8, extending automatic information exchange on crypto assets, life insurance income, tax rulings for individuals and digital currencies<\/a>, dated 19 August 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"On 19 March 2026, the Luxembourg Parliament adopted a law (Law) transposing European Union Directive 2023\/2226 (DAC8) into&hellip;\n","protected":false},"author":2,"featured_media":4079,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[5],"class_list":{"0":"post-4078","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-luxembourg","8":"tag-luxembourg"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@lu\/116327193277954193","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/lu\/wp-json\/wp\/v2\/posts\/4078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/lu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/lu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/lu\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/lu\/wp-json\/wp\/v2\/comments?post=4078"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/lu\/wp-json\/wp\/v2\/posts\/4078\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/lu\/wp-json\/wp\/v2\/media\/4079"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/lu\/wp-json\/wp\/v2\/media?parent=4078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/lu\/wp-json\/wp\/v2\/categories?post=4078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/lu\/wp-json\/wp\/v2\/tags?post=4078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}