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CARF and DAC8 are already in force.
Your CARF obligations have already begun. See exactly where you stand.
Data-collection obligations started in January 2026, and the first reports are due in 2027. The work is manageable, but only if you know where you stand and start now.
Where you stand today
Data collection is live
Began January 2026, across the EU and UK
First reports due in 2027
Covering your 2026 activity
Roughly seven months to the first filing window. The platforms that prepare now file on time.
The live CARF ReGULATORY tracker
Explore reporting requirements by jurisdiction.
Reporting obligations can vary by jurisdiction, business model, and the products you offer. Select a jurisdiction to understand the current requirement and implementation status.
Updated as jurisdictions publish new guidance, implementation timelines, and reporting requirements.
Select a country above to see its obligations, deadlines, and registration requirements.
Europe
Germany
● Live now
Framework
DAC8 (CARF in EU law)
Collection begins
1 Jan 2026
First report due
2027
Registration
RCASP registration required
If not ready
Penalties + account freeze duty
Additional details
CARF IMPACT ASSESSMENT
The CARF readiness check.
Answer a few questions about how you onboard users, capture transactions, and run your systems. The output is your impact assessment: your standing under CARF and updated CRS, and gaps on file. We'll show you where your areas of focus should be, with steps to close the gaps before 2027.
The timeline
Connected frameworks, different deadlines.
CARF establishes a common global framework, but each jurisdiction adopts it on its own timetable.
WAVE
Jurisdictions
Collection begins
First report
Status
Wave 1
EU member states · UK · Early Adopters (48 in total)
1 Jan 2026
2027
Live now
Wave 2
UAE · Hong Kong · Singapore · ~24 Others (27 in total)
1 Jan 2027
2028
Coming
TBD
India, Argentina, El Salvador, Georgia, Vietnam
—
—
Committed; Date Pending
Later
United States
—
~2029
Separate track
CARF vs. DAC8 vs. CRS 2.0
CARF
DAC8
CRS 2.0
What it covers
Crypto-asset transactions
CARF, written into EU law
Financial accounts + some digital assets
Geography
75+ committed jurisdictions
EU, plus providers serving EU users
CRS-participating jurisdictions
Who's bound
RCASPs in committed jurisdictions
Any provider with EU-resident users
Financial institutions
First reporting
2027 (wave 1)
2027
Phased alongside CARF
The Platform
One platform. Multiple regimes. One audit trail.
Manual processes, fragmented tools, and advisors on retainer don't scale as reporting obligations grow. We unify compliance workflows and expert regulatory logic in a single platform.
1
From raw data to filing
Ingest raw transaction data and produce the finished report, with no data-prep project required first.
2
One integration, every obligation
1099-DA, CARF, DAC8, CRS 2.0, FATCA, and national regimes on one stack, one data model, one audit trail. Add jurisdictions without adding vendors.
3
Continuous, not annual
Data ingests year-round and errors surface as they happen, so the annual scramble goes away.
Common questions
The questions every in-scope platform is asking.
Plain answers to what compliance teams need settled before 2027.
When do CARF and DAC8 reporting obligations actually start? +
Data-collection obligations went live on 1 January 2026 for CARF Wave 1 jurisdictions, including the EU, UK, and dozens of others, with first reports due in 2027 covering 2026 activity. DAC8 is the EU's implementation of CARF, so both run on the same clock for EU platforms. The clock is already running, even though the first filing is still ahead.
Who has to report, and what is an RCASP? +
Reporting Crypto-Asset Service Providers: exchanges, brokers, trading platforms, wallet providers, and many payment and fintech firms that facilitate crypto transactions for customers. DAC8 reaches any provider with EU-resident users, even one headquartered outside the EU.
What happens if a user won't complete self-certification? +
After two reminders within 60 days, the platform is legally required to block that user from further transactions. Non-compliance isn't only a fine — it can mean freezing your own users' accounts.
What are the penalties for getting this wrong? +
There's no single EU-wide fine. Each member state sets its own DAC8 penalty regime, with reported ranges running from roughly EUR 20,000 into six figures per violation, and some countries scaling penalties as a percentage of turnover instead of a flat amount. Failures can also put MiCA passporting rights at risk, which makes this a market-access issue, not just a fine.
What's the difference between CARF, DAC8, and CRS 2.0? +
CARF is the OECD global crypto-asset reporting standard. DAC8 is how the EU writes CARF into law. CRS 2.0 is the updated standard for traditional financial-account reporting that now also captures certain digital assets. Most platforms are touched by more than one.
Go deeper
Not ready to talk yet? Start here.
The detailed guides our customers use to scope CARF and DAC8 internally.
The companies regulators scrutinize most already run on Taxbit
3B+
Transactions processed
70+
Reporting jurisdictions
8M+
Forms filed in 2025
▶
On-demand webinar
CARF Masterclass with Andersen & Taxbit
What in-scope providers need before the 2027 reporting window opens.
Watch the session →📄
Executive guide
Implementing DAC8 & CARF
A plain-language breakdown of obligations, deadlines, and the operational steps that take longest.
Read the guide →