President Signs E-commerce Tax Information Act

President Andrzej Duda has signed an amendment to the Act on tax information exchange, requiring e-commerce platforms to disclose details of sellers conducting transactions through them, the president's office announced Thursday. The amendment aligns with the DAC7 directive, expanding existing regulations to ensure transparency in online transactions.

According to the announcement, DAC7 mandates platforms to report on sellers operating through them and facilitates international information exchange among EU member states and third countries. These measures are part of broader efforts to enhance tax transparency and comply with global standards recommended by the Global Forum on Transparency.

Industry representatives clarified that while the amendment aims to streamline data collection, it does not impose additional tax obligations on online sellers. The law aims to balance regulatory requirements with minimal disruption to e-commerce operations.

Source: biznes.pap.pl