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Update - Luxembourg Enacts Law Transposing DAC7

|Approved Changes|Luxembourg
Luxembourg

On 19 May 2023, Luxembourg published in the Official Gazette the Law of 16 May 2023 relating to the automatic and compulsory exchange of information declared by platform operators. The law transposes the new rules on the exchange of information on income generated by sellers through digital platforms (DAC7) as provided in Council Directive (EU) 2021/514, which was adopted on 22 March 2021 for …

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