Transposition of the DAC Directive 7

New obligations for the platforms (FL art. 134)

Article 134 of the finance law repeals the existing system provided for in article 242 bis of the CGI and transposes the provisions of the DAC 7 directive (Directive 2021/514 of March 22, 2021, hereinafter the Directive) which aims, with regard to platform operators, to introduce a standardized declaration obligation for the benefit of tax administrations (Recital n ° 7 of the Directive).

Let us recall that the device of article 242 bis of the CGI before its modification by this finance law established two obligations incumbent on platform operators:

• an obligation to inform people carrying out transactions through these platforms of their tax and social obligations;
• an obligation to send the tax administration an annual document summarizing certain user identification information, the status of the latter, the number and gross amount of transactions carried out as well as the details of the bank account to which the income is paid .

Source PWC Avocats

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