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Saturday, March 28, 2026
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Tag: Reportable Transactions

DAC8 (EU) & CARF (UK): The 2026 crypto “tax transparency switch” is on — TIN collection, annual reporting, and 60-day account restrictions for non-compliant...

Since 1 January 2026, crypto platforms serving EU residents must start collecting tax identity data under DAC8—and can be required to block “reportable transactions” after two reminders and 60 days if users don’t provide the required information. The UK is running a parallel track via CARF reporting to HMRC, with first reports due in 2027. This is not a “new crypto tax,” but a major enforcement upgrade.