- The DAC7 Ordinance has been published in Spain, which develops the rules and procedures for the automatic exchange of information.
- Companies within the scope of DAC7, known as Platform Operators, must comply with the obligations set out in the Directive.
- Spain is the competent Member State for reporting purposes if the Platform Operator is a tax resident in Spain or meets certain conditions.
- The formal obligations to be complied with include registration before the Spanish tax authorities and filing of electronic census form 040.
- Depending on the type of applicant, the Platform Operator may need to register at different special registers.
Source: ivaconsulta.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.
