On January 1st, 2023, the Platform Tax Transparency Act (PStTG) came into force, which stipulates comprehensive reporting obligations for digital platforms. The PStTG implements the so-called DAC7 guideline. Platform operators must collect specified reportable information from providers on their platform and report it to the Federal Central Tax Office (cf. KMLZ Sales Tax Newsletter 31 | 2022). The report for the 2023 calendar year must be submitted by January 31, 2024 at the latest. The incorrect, incomplete or untimely report constitutes an administrative offense and can be punished with a fine of up to EUR 30,000.
Source KMLZ
Latest Posts in "Germany"
- Germany Updates Form USt 1 TN for VAT Registration Proof: Editorial Changes Announced
- German Court Confirms VAT Exemption Protection for Intra-Community Supplies Without Arrival Proof
- Double Adjustment Errors in VAT and Insolvency May Cause Double Taxation Risks
- Germany’s March 2026 E‑Invoice FAQ Update: All References Must Be Self-Contained in the E‑Invoice
- German Court Clarifies VAT Exemption Criteria for Intra-Community Supplies of Goods
