Belgium anticipates DAC 7: New Belgian reporting obligations for digital platforms facilitating the provision of services

Digital ‘collaboration’ platforms that connect suppliers of services to their customers are subject to new reporting obligations. These were introduced because many service providers (including Airbnb providers) allegedly do not declare their revenue obtained through such digital platforms. Until the introduction of the new reporting obligation in the Belgian Income Tax Code, it was difficult for the Belgian tax authorities to trace such revenue or, for example, to identify these providers for an audit. According to the parliamentary preparatory texts, this obligation’s purpose is to augment transparency regarding revenue generated through these platforms and thus to combat any omission or fraud relating to the declaration of such revenue. The new provision introducing this obligation has applied since 9 January 2021.

Source Tiberghien

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