The Cyprus Tax Department has announced an extension in the reporting deadline for reporting platform operators to submit DAC7 data in respect of 2023. DAC7 is meant to address issues resulting from the use of digital platforms and includes an obligation for digital platform operators to report the income earned by sellers on their platforms and for EU Member States to automatically exchange this information. The new rules generally apply from 1 January 2023 with reporting required by 31 January of the following year. However, Cyprus has extended the reporting deadline for 2023 to 16 February 2024. It is further...