When are the first reports due?

The wider picture

The key points from the guide this answer comes from:

1. Since 1 January 2026, crypto-asset service providers in the EU and the UK have been collecting data on their customers' transactions, including stablecoins, to report to tax authorities. First reports cover 2026 and go in during 2027.
2. Companies are covered, not only individuals. Expect your exchange or provider to ask for a self-certification of your company's tax residence and tax identification number, and in some cases details of the people who control it.
3. 77 jurisdictions have committed to the OECD's Crypto-Asset Reporting Framework: 46 starting exchanges by 2027, including the UK and EU countries, 27 by 2028, including Canada, Switzerland, Singapore, Hong Kong and the UAE, and 4 by 2029, including the US.
4. The reporting doesn't change what tax you owe. It means tax authorities will see the transactions, so your own records should match what your providers report.

More questions on this

• Do stablecoins count under DAC8?
• What will my provider ask my company for?
• Does the US take part?

The full guide

Since 1 January 2026, crypto providers in the EU and UK have collected data on customers' transactions, including stablecoins, for tax authorities. Expect a request to certify your company's tax residence and tax number, and keep records that match what providers report.

Read DAC8 and CARF: what your company will be asked when it holds stablecoins, with its sources.

General information, not legal, tax or financial advice. Rules and providers' terms change; check the sources in the guide and take advice on your own situation.