ΑΕΟΙ – Automatic Exchange of Information (DAC2)

(Beta version)

The EU Council issued EU Directive 2014/107/EU (commonly known as “DAC2”), which extended cooperation between EU tax authorities for the automatic exchange of financial transaction information. This extension effectively incorporated the Common Standard which was developed by the OECD, into the EU Directive 2011/16/EU on administrative cooperation in the field of taxation.

We would like to inform you that as of 01.02.2021 the CRS και DAC2 reports submission format changes.

The applicable versions as of 01.02.2021 are the following:

  • New- Notice on undocumented accounts (last updated on 30/03/2022)
  • Directive 2014/107/EU
  • XSD Scheme applicable until 31-12-2020
  • New- XSD Scheme (xsd Ver.2.0).zop) valid as of 01-02-2021
  • XML Demo Files (For country-by-country exchange) valid until 31/12/2020
  • New- XML Demo Files (For country-by-country exchange) valid until 01/02/2021 (Demo_XML_files (Ver 2.0.).zip)
  • Validation of business rules and technical rules (file validation of business rules and technical rules.docx)
  • Common technical procedures and examples (Common technical procedures.docx and CorrectionXMLExamples.zip)
  • New Common technical procedures and examples (CorrectionXMLExamples_1 (Ver2.0).zip) valid as of 01/02/2021.
  • Additional technical rules for the submission of files (DAC2Submissions-v.1.4.docs) (last updated on 12/03/2018)
  • Basic Sample Files valid until 31/12/2020: Initial report to one country Correct-EL-000000048.txt, Initial Report to two countries Correct-EL-ZeroMessage- 000000048.txt, Guidelines (nill_report_guidelines.doc) and Example (demo_nil.xml) of a Nil Report file.
  • New basic model files and examples valid from 01/02/2021: Initial reference to one country correct_EL_000000048 (Ver2.0).txt (Correct_EL_000000048 (Ver2.0.xml), Initial Reference to two countries
  • Correct_ELMultipleControllingPersons_000000048(Ver2.0).txt (Correct_ELMultipleControllingPersons_000000048(Ver2.0).xml), Zero Reference Correct_EL_ZeroMessage_000000048 (Ver2.0).txt (Correct_EL_ZeroMessage_000000048(Ver2.0).xml).
  • Null file generation is supported by CRS/DAC2 Reporting Application 'Null Report Generation Tool' option.
  • New - JAVA application for file validation (automaticExchange-validator-application-2.0.zip), valid for submissions from now on (Last updated: 04/07/2021)
  • Instructions for UseValidator UserManual_v1.1.docx (Last update: 07/08/2017)
  • Instructions for Use of the CRS/DAC Financial Information Exchange System2 version 1.1 (Last update: 12/03/2018)
  • POL 1140/2017 (B' 3254/15.09.2017) Decision of the Governor of AADE to extend the deadline for submission of reports by the Reporting Greek Financial Institutions

 

 

At the following link http://www.aade.gr/en/citizens/issues-international-tax-and-customs-content,  you can find information about the legislation on International Administrative Cooperation.