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Austrian implementation of DAC7 introduces comprehensive reporting obligations pertaining to “Platform Economy”

Austria’s Digitale Plattformen-Meldepflichtgesetz (“DPMG”) transformed DAC7’s new obligations for platform operators into domestic law. As DPMG comes into effect as of 1.1.2023 and in view of fines to be faced in case of infringement, potential platform operators should assess their DPMG risks in good time and implement appropriate measures to comply with the new rules if necessary.

Source: KPMG

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