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E-commerce platforms required to provide information about sellers to government

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E-commerce platforms required to provide information about sellers to government
Source: Pexels

The Council of Ministers approved a draft amendment aligning tax laws with the DAC7 directive, obligating digital platforms to provide tax authorities with seller information. Sellers making under 30 transactions annually, earning less than €2,000 from them, are exempt. These changes don't affect existing online seller tax rules. The obligation extends to e-commerce, accommodation booking, vehicle rental, and ride-hailing platforms. Data collected will be exchanged automatically between tax authorities of relevant countries. The Ministry of Finance aims for implementation by July 1, 2024, addressing EU concerns about delayed adoption.

Deputy Minister Karbownik stressed the urgency of compliance to avoid potential legal action.

Source: PAP Business

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