Dossiers
DAC8 and tax reporting dossier
DAC8 requires EU crypto providers to report customer and transaction data to tax authorities, which then exchange it across borders. This dossier tracks the rollout and what it means in practice.
Timeline
- EU member states adopt DAC8: automatic exchange of crypto data.
- Providers start collecting reportable customer data.
- First reports are filed with national tax authorities.
Which data is shared
Providers report identity details, tax residence and aggregated transaction volumes per customer, including deposits, withdrawals and conversions into euro or other assets.
Data is exchanged between member states, so an account held abroad is visible to your own tax authority.
- Identity and tax residence
- Annual buys, sells and swaps
- Transfers to external wallets
What you need to arrange
Make sure your own records match what the provider reports. Differences trigger questions even when you did nothing wrong.
Keep exports from every platform and record date, amount, price and counterparty. The same applies to self-custody: the outgoing transfer is visible, what happens afterwards is not.
Frequently asked questions
Does DAC8 cover self-custody wallets?
Your own wallet is not subject to reporting, but transfers to and from licensed providers are. You remain responsible for filing correctly.
Will I pay more tax now?
DAC8 changes visibility, not the tax rules themselves. Your national rules still determine what you owe.