Specific due diligence and reporting obligations for digital platform operators (DAC7) shall come into force on 1 January 2023. On 12 July 2022, the Federal Ministry of Finance presented a respective draft bill. Affected platform operators are now challenged to adapt their previous practice of recording to the new requirements by the end of the year.
Source: kmlz.de
Latest Posts in "Germany"
- Germany Seeks Clear VAT and Transfer Pricing Rules: Advocate General’s Push for Classification
- Legal Remedies for VAT Inspection: What Are Your Options?
- Central Customs Clearance: The New Section 21b UStG and Its Special Provisions from 2026
- Reduced VAT Rate for Nonprofit Integration Projects: Legal Assessment and Competitive Implications
- VAT Implications for Amazon Vine Participants: Reviews in Exchange for Test Products
