Luxembourg: Reporting obligations for cryptoasset service providers (DAC8) enacted
Law updates CRS provisions and sets out registration, due diligence, reporting, and sanction rules.
The law transposing the EU directive requiring the reporting and automatic exchange of tax information on transactions involving cryptoassets (DAC8) into national law was enacted on March 27, 2026.
The law updates certain common reporting standard (CRS) provisions, and sets out registration, due diligence, reporting, and sanction rules.
Read an April 2026 report prepared by the KPMG member firm in Luxembourg