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DAC6 and MDR compliance and why it’s important

DAC6 and MDR compliance and why it’s important

DAC6 and MDR compliance and why it’s important

Compliance under rules like DAC6 and MDR cannot be fully outsourced, as it requires continuous, company-specific data collection involving multiple departments beyond tax. While tasks such as assessing reportable arrangements and filing forms can be outsourced or automated, the ongoing gathering of accurate internal data must remain an in-house responsibility. Non-compliance carries serious consequences, including significant financial penalties, with some countries like Poland imposing fines up to €5 million. As a result, organizations must stay proactive, ensure proper processes are in place, and leverage technology where possible to manage reporting obligations effectively and reduce risk.

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