New obligations and problems for internet platforms: What to know about DAC7?

• Internet platforms have new obligations and problems related to DAC7
• Operators of internet platforms must now collect and transmit information to tax authorities about income obtained through their platforms by internet users
• Reports for 2023 and 2024 must also be submitted retrospectively
• The final shape of the implemented regulations is unclear and raises doubts among experts
• Not all taxpayers understand the scope of their new obligations or who they apply to
• Failure to submit reports can result in severe financial penalties and tax penalties

Source: podatki.gazetaprawna.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.

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