The sixth amendment to the Directive on Administrative Cooperation in
the field of taxation (DAC6) and mandatory disclosure regimes (MDRs) in
many jurisdictions have led to a large number of professionals
potentially being required to disclose information in relation to their
clients' arrangements.
The authors analyse the operation of the various automatic exchange of
information regimes introduced in the last five years, including the
OECD common reporting standards, DAC6 and MDRs, setting them in their
historical context. They focus on the guidance offered by the Irish and
UK tax authorities with reference to other guidance in Europe and
beyond, where appropriate.