Spain's Council of Ministers has issued a release announcing its approval on 12 May 2020 of a draft law to transpose Council Directive (EU) 2018/822 of 25 May 2018 (DAC6) on reportable cross-border tax planning arrangements. The DAC6 reporting requirements will primarily apply for intermediaries that design, market, organize, or manage the implementation of a reportable cross-border tax planning arrangements. The reporting obligation may also be shifted to a taxpayer in some cases, including…