As indicated in an earlier post, the EU Commission had proposed in July to amend the Directive on Administrative Cooperation, to extend the EU tax transparency rules to digital platforms. The Member States have now agreed on the proposal. The agreed proposal on administrative cooperation (DAC 7) will ensure that Member States automatically exchange information on the revenues generated by sellers on digital platforms, whether the platform is located in the EU or not.
Continue Reading New Tax Transparency Rules for Digital Platforms (Update) and More