On 2 February 2023, the German tax authorities published a set of frequently asked questions (FAQs) regarding certain reporting obligations for digital platform operators, which were implemented into domestic law in December 2022 under the Platform Tax Transparency Act and are based on Council Directive (EU) 2021/514 of 22 March 2021 amending Directive 2011/16/EU on administrative cooperation in the field of taxation (referred to as “DAC 7”). The rules are effective as from 1 January 2023.
Source Deloitte
Latest Posts in "Germany"
- VAT Refunds in Property Development: Profit Impact Requires Prior Balance Sheet Recognition, Court Rules
- VAT Treatment of Services Provided by Non-Profit Sports Clubs: BFH Ruling on Input Tax Deduction
- VAT Issues Concerning Holiday Apartments: Tax Status, Input Tax Deduction, and Small Business Regulation
- Germany B2B E-Invoicing in 2027: Time to Prepare
- BMF Clarifies VAT Deduction Rules for Permanently Loss-Making Institutions: Two-Step Assessment Required
