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23 March 2026

Luxembourg implements measures extending automatic exchange of information

  • On 19 March 2026, the Luxembourg Parliament adopted a law (Law) transposing European Union Directive 2023/2226 (DAC8) into Luxembourg tax legislation, introducing mandatory reporting and exchange of information on crypto assets.
  • With retroactive effect from 1 January 2026, the scope of automatic exchange of information is extended to cover life insurance income and certain advance cross-border rulings.
  • The new framework will require stakeholders to adapt customer onboarding, compliance procedures and data reporting processes.
 

On 19 March 2026, the Luxembourg Parliament adopted a law (Law) transposing European Union Directive 2023/2226 of 17 October 2023 (DAC8) into Luxembourg tax legislation.

In addition to setting out targeted registration, due diligence and reporting obligations for Crypto-Asset Service Providers and Operators, the Law extends the automatic and mandatory exchange of information to cover income from life insurance products and specific advance cross-border rulings granted to individuals. The Law further updates national rules on reportable cross-border arrangements, platform operator reporting, the Common Reporting Standard and Country-by-Country Reporting, in accordance with DAC8 requirements.

The law was adopted with minor amendments to the draft published on 24 July 2025, including an extension to Reporting Crypto-Asset Service Providers of the €5,000 penalty for incomplete or incorrect reporting.

The provisions of the Law apply from 1 January 2026, with first crypto-asset reporting and exchange of information to take place in June and September 2027, respectively.

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Contact Information

For additional information concerning this Alert, please contact:

Ernst & Young Tax Advisory Services Sàrl, Luxembourg City

Published by NTD’s Tax Technical Knowledge Services group; Carolyn Wright, legal editor

Document ID: 2026-0705

 
 

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