On 22 June 2021, the OECD published Model Reporting Rules for Digital Platforms: International Exchange Framework and Optional Module for Sale of Goods.
This new document follows on from the Model Rules for Reporting by Platform Operators with respect to Sellers in the Sharing and Gig Economy (original model rules) approved by the OECD/G20 Inclusive Framework on BEPS in June 2020. The original model rules provide for a new global tax reporting framework under which digital platforms would be required to collect information on the income realized by sellers offering accommodation, transport, and other personal services through their platforms and report the information to tax authorities. The new document comprises two parts: a new module containing amendments to the original model rules and interpretive guidance, and a new multilateral agreement to support the international exchange of information collected.
Source Deloitte
