Home   Companies and charities   International tax   Automatic Exchange of Information (AEOI)  

DAC1

  1. Overview
  2. The source of information for exchange
  3. When and how the information is exchanged

Overview

The Council Directive 2011/16/EU (DAC) is often referred to as DAC1. It was implemented via S.I. 549 of 2012 (European Union (Administrative Cooperation in the field of Taxation) Regulations, 2012).

Under DAC1, Revenue is obliged to share certain information relating to the income and capital of residents of other European Union (EU) Member States. The five categories on which information is currently exchanged are:

  1. Employment income.
  2. Director’s fees.
  3. Pensions.
  4. Ownership of, and income from, immovable property.
  5. Life insurance products.

Note

Revenue receives information relating to life insurance products from other EU Member States, but does not exchange it.

Next: The source of information for exchange

Published: 20 June 2024 Print this page

Back to homepage Back to top