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Information obligation for online platforms (DAC7) – VATupdate
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Information obligation for online platforms (DAC7)

From January 1, 2023, platforms will be required to provide information about their sellers under the EU DAC7. This gives tax authorities much better insight into sales via platforms. Not only platforms, but also underlying sellers must become aware of the increasing transparency of their activities and take steps where necessary to be compliant. In this article we discuss the VAT obligations for you as an online seller or as a platform that facilitates sales.

Source Grant Thornton



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