Skip to main content

Luxembourg: Additional tax measures in law implementing DAC8

Including CRS, CbC, DAC6, and DAC7 changes 

april 21, 2026

The Direct Tax Administration (ACD) described the additional tax measures introduced by the law enacted on March 27, 2026, implementing directive requiring the reporting and automatic exchange of tax information on transactions involving cryptoassets (DAC8):

  • The amended law of March 29, 2013, on administrative cooperation in the field of taxation has been updated to broaden the scope of automatic exchange of information. It now includes income derived from life insurance products paid, upon the death of the insured, to beneficiaries resident in another EU member state. In addition, advance tax rulings concerning individuals are now subject to exchange where they relate to transactions or series of transactions exceeding €1.5 million, or when they concern the determination of tax residence.
  • The amended law of December 18, 2015, on the CRS has been modified to include certain products not covered by the new cryptoasset framework. In particular, electronic money products and central bank digital currencies are now within its scope. The law also strengthens due diligence and reporting obligations for financial institutions.
  • The amended law of December 23, 2016, on CbC reporting has been amended to designate the withholding tax office on interest as the competent authority (CA) to impose penalties for non-compliance with reporting and notification obligations.
  • The amended law of March 25, 2020, on reportable cross-border arrangements (DAC6) has been clarified with respect to professional secrecy. Lawyers are now only required to notify their clients, while other intermediaries remain subject to broader notification obligations.
  • Finally, the law of May 16, 2023, on reporting obligations for platform operators (DAC7) has been supplemented to allow the use of identification services provided by the EU or an EU member state to verify a seller’s identity and residence.


For more information, contact a KPMG tax professional in Luxembourg:

Sophie Boulanger | sophie.boulanger@kpmg.lu

Jean Kizito | jean.kizito@kpmg.lu

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 3712, 1801 K Street NW, Washington, DC 20006.

KPMG. Make the Difference.


Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities.

The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation. KPMG LLP does not provide legal services.

The information contained herein is not intended to be “written advice concerning one or more Federal tax matters” subject to the requirements of section 10.37(a)(2) of Treasury Department Circular 230.

© 2026 KPMG LLP, a Delaware limited liability partnership, and its subsidiaries are part of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

For more detail about the structure of the KPMG global organization please visit https://home.kpmg/governance.

Thank you!

Thank you for contacting KPMG. We will respond to you as soon as possible.

Contact KPMG

Use this form to submit general inquiries to KPMG. We will respond to you as soon as possible.
All fields with an asterisk (*) are required.

By submitting, you agree that KPMG LLP may process any personal information you provide pursuant to KPMG LLP's . Privacy Statement

An error occurred.

Job seekers

Visit our careers section or search our jobs database.

Search now!

Submit RFP

Use the RFP submission form to detail the services KPMG can help assist you with.

Submit

Office locations

View locations

International hotline

You can confidentially report concerns to the KPMG International hotline

Learn more

Press contacts

Do you need to speak with our Press Office? Here's how to get in touch.

Contact

Headline