The OECD released a new global tax reporting framework, The Model Rules for Reporting by Platform Operators with respect to Sellers in the Sharing and Gig Economy (“MRDP”). According to the MRDP, digital platforms are required to collect information on the income realized by those offering accommodation, transport and personal services through platforms and to report the information to tax authorities.
Source: globalvatcompliance.com
Latest Posts in "World"
- Book: The Essential Guide to e-Invoicing for Tax Professionals
- Global Developments in Electronic Cash Register Regulations: Regional Trends and Timelines (2025–2028)
- European Countries Adopt Real-Time VAT Reporting to Combat Fraud and Close Tax Revenue Gaps
- Global VAT legislative Changes as of January 1, 2026
- IMF’s Reverse Method: Estimating Global VAT Compliance Gaps Without Costly Audits Across 111 Countries
