2021
CONNEXION
Council of the EU adopts DAC7
ON 22 MARCH 2021, THE COUNCIL OF THE EUROPEAN UNION FORMALLY APPROVED THE SIXTH AMENDMENT (“DAC7”) TO COUNCIL DIRECTIVE 2011/16/EU ON ADMINISTRATIVE COOPERATION IN THE FIELD OF TAXATION (“DAC”). THE PROPOSAL HAD PREVIOUSLY BEEN DISCUSSED, AND AGREEMENT REACHED AT A TECHNICAL LEVEL, BY THE ECOFIN ON 1 DECEMBER 2020.
7 avril, 2021 par
LexNow

DAC7 extends the existing EU tax transparency rules to digital platforms. Broadly speaking, it requires platform operators to report information on income earned by sellers on their platforms, and Member States to automatically exchange this information. The objective is to enable local tax authorities to identify income earned by sellers through digital platforms and determine the relevant tax obligations.

 https://www.arendt.com/