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- 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.
For more information on the newly introduced measures, see EY Global Tax Alert, Luxembourg to transpose DAC8, extending automatic information exchange on crypto assets, life insurance income, tax rulings for individuals and digital currencies, dated 19 August 2025.
Summary
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.
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