- Spain has published a royal decree transposing the EU Directive on AEOI for digital platform operators.
- The decree requires digital platform operators to report information on sellers to EU countries and tax authorities.
- It establishes reporting procedures and deadlines.
- Competent authorities are given the framework to conduct joint audits.
- Provisions on confidentiality and protection of personal data are also included.
- The royal decree is effective from February 1, 2024, with provisions on due diligence taking effect from January 1, 2023.
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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