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Spain Extends Deadline for Financial Account Declarations under EU Directive 2021/514 (DAC7)

  • Spain has extended the deadline for informative declarations on financial accounts until April 6
  • The extension is in accordance with EU Directive 2021/514 (DAC7)
  • Digital platform operators are required to report seller information to EU countries and tax authorities
  • Reporting procedures and Form 040 approval for operators are established
  • The order became effective on Feb. 6.

Source: globalvatcompliance.com

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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