Logo
/
Sign in
Product Logo
MDR - DAC 6Kiya.ai

An automated solution for the Mandatory Disclosure reporting requirement by OECD.

Product details

DAC6 Reporting

Single point solution to manage all your DAC6 arrangements & reporting obligations

The Council of the European Union, revised Directive 2011/16/EU in considerations with the mandatory automatic exchange of data information in the area of taxation concerning reportable cross-border arrangements, known as 'DAC6' or Mandatory Disclosure Rules (MDR) Directive. DAC6 applies to cross-border tax arrangements, which meet one or more specified characteristics (hallmarks), and which concern either more than one EU country or an EU country and a non-EU country. Universal Regtech Solution's DAC 6 reporting tool is a secured Saas-based solution that enables businesses to take control of the newly implemented EU Directive 2018/822 on Administrative Co-operation (DAC 6) reporting obligations. Built with country-specific repository of hallmarks and a robust governance framework, the solution enables businesses to assess and identify reportable cross-border arrangements along with relevant intermediaries in a structured format with automated report generation and submission capabilities, avoiding financial and reputational risk of non-compliance.

Key Attributes

  • Seamless integration with existing products
  • Automated flagging of reportable parties
  • Customizable dashboards
  • Support multiple DAC formats
  • FATCA and CRS solution
  • XML generation and support

Value Delivered

  • Supports Multiple DAC6 formats
  • Cost & Risk Management
  • Transparency & Reliability
  • Proven Reporting Capabilities
  • Specialized Reporting Guidelines
  • Automated Reporting