VATupdate

European Union DAC7 Update: September 2022

During the summer, many EU member states published their draft DAC7 rules. This is in preparation for the legal transposition deadline of 31, December 2022. Our update summarizes the current status of implementation across the EU.

DAC7 is a new data sharing obligation that applies to digital platforms enabling users to:

  • Sell goods eg. Amazon, eBay
  • Rent out immovable property eg. Airbnb, Booking.com
  • Carry out personal services eg. Uber, TaskRabbit
  • Rent any mode of transport eg. Turo, Click & Boat

Source Fonoa

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