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"
- German Finance Ministry Updates GoBD for E-Invoicing Compliance Effective July 14, 2025
- Cross-Border Care Services and VAT Exemption: Legal Clarification on Social Character Recognition
- Judgment on May 14, 2025: Discharge of Residual Debt and Limited Liability for VAT Debts Post-Insolvency.
- Tax Exemption for Services of a Prevention and Personality Trainer Confirmed by Court Ruling
- New Guidelines for Vehicle-Specific VAT Declaration Forms Released by German Ministry of Finance
