- EU introduces new regulations to tax transactions conducted through digital platforms
- Initiative called “VAT in the Digital Age” (ViDA) aims to tax short-term rental services and transportation services through online platforms
- ViDA expands the definition of a supplier to include digital platforms as intermediaries in transactions
- ViDA is still in the process of being approved by the ECOFIN council
- Owners of digital platforms should monitor the progress of ViDA and its potential adoption
- DAC7 directive implemented in Poland from July 1, 2024, requires platform owners to collect and provide user data to tax authorities
- DAC7 may be interpreted broadly, causing challenges for platform operators and entities involved in online transactions
Source: crido.pl
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.
Latest Posts in "European Union"
- Roadtrip through ECJ Cases – Focus on ”Free Products” (Art. 16)
- Briefing document & Podcast: C-438/13 (BCR Leasing Case) – Relief for Leasing Firms Facing Asset Non-Recovery
- VAT Neutrality and Tax Fraud: Implications of Recent Jurisprudence
- Blog Luc Dhont: How Can Multinationals Comply with VAT on Transfer Pricing Adjustments Post-ECJ Arcomet?
- ECJ Opinion Sheds Light on VAT for Ancillary Services in German Accommodation Sector