DAC 7: a revolutionary draft from Brussels?
The EU Directive DAC 7 aims to ensure that income earned on digital platforms is reliably recorded for tax purposes. The implementation is eagerly awaited.
“The further development of the cooperation of the financial authorities from several EU member states is downright revolutionary. Tax evasion and tax avoidance can be prevented in particular by the cooperation of the financial administrations of several member states. Therefore, new forms are being created.”
– Jens M. Schmittmann in “Tax justice in focus – platform operators are to report the income of providers according to a draft law”, Handelsblatt of October 4, 2022, No. 191
