Reporting Rules For Platform Operators – Latest Developments And Update On Implementation In The EU (DAC7) and UK/OECD [On demand] has been saved
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Reporting Rules For Platform Operators – Latest Developments And Update On Implementation In The EU (DAC7) and UK/OECD [On demand]
Dbriefs Webcast
(Aired 31 January 2023)
Host: Kate Ramm
Presenters: Frankie Jell, Louise Kelly, Hans Rennings
The seventh version of the EU Directive on administrative cooperation (DAC7) introduces new reporting rules for platform operators aimed at providing information on the income earned by sellers on the digital platform. The requirement applies to rental of immoveable property, provision of personal services, sale of goods and rental of any mode of transport. The EU directive is similar to model rules developed by the OECD, and the UK and other countries are separately consulting on these. The EU rules came into effect on 1 January 2023 and the first reporting of information will be in 2024. What does this mean for your organisation? We’ll discuss:
- Administrative requirements in respect of registration /notification
- Data and technology implications for collection, verification and reporting of information
Learn more about the steps that need to be taken to comply with these rules.