Guidance on VAT Reporting for Digital Platforms: HMRC Requirements and OECD Rules

Measures introduced require certain UK digital platforms to report income information to HMRC
HMRC exchanges information with other tax authorities for jurisdictions where sellers are tax resident
OECD rules require digital platforms to provide information to taxpayers to help them comply with tax obligations
HMRC issued new guidance on digital platform reporting
Guidance covers details needed when selling goods or services on a digital platform
Information on who is a seller, what must be provided, reporting by platforms, and selling online and paying tax
Guidance on carrying out digital platform reporting, including what qualifies as a digital platform, who should register, and penalties
Information on registering to carry out digital platform reporting, what needs to be reported, and carrying out due diligence
Guidance on managing digital platform reporting, including submitting reports to HMRC, ongoing account management, and changing contact details

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.