On July 19, 2022, the Tax Amendment Act 2022 was published in the Official Gazette which provides for rules to transpose the Council Directive (EU) 2021/514 (DAC7) into Austrian domestic law. The law requires digital platform operators to provide the Austrian tax authorities with information about certain users (“sellers”) on their platform, to enable the Austrian tax authorities to exchange this information with other EU Member States.
Source KPMG
