- The Czech Financial Administration has announced reporting obligations for digital platform operators under DAC7, following the country’s signing of the Multilateral Competent Authority Agreement on Automatic Exchange of Information on Income Derived Through Digital Platforms (DPI-MCAA).
- The DPI-MCAA enables the automatic exchange of information based on OECD Model Rules, and the Czech Republic has published a list of non-EU countries (including Canada, New Zealand, and the UK) that meet DAC7-like conditions for information exchange.
- Starting January 1, 2025, reporting platform operators must collect and report information on sellers who are tax residents of the listed countries, with the first report due by January 31, 2026, covering the 2025 tax year.
Source Orbitax
