FAQ and reporting forms published by the tax authorities to implement and clarify the DAC 7 “light” reporting obligation(s)

Last year, Belgium introduced DAC 7 “light” reporting obligations for digital platform operators in the sharing and gig economy in anticipation of the implementation of the EU DAC 7 (in that respect, see HERE).

The legal provision that implemented the DAC 7 “light” reporting obligations remained vague however and left open quite some questions in practice with further implementation measures that needed to be taken.

After discussion with the relevant stakeholders, the Belgian tax authorities published a FAQ on Monday 14 January 2022. As we describe below, the FAQ clarifies the legislation and provides for the necessary implementation measures in view of the first reporting deadline, which is 31 March 2022. This deadline is approaching rapidly and the compliance burden may be very heavy depending on the circumstances.  The FAQ also provides for a tolerance for non-compliance with the information obligations until 1 March 2022.

Source Baker & McKenzie

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