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European Council Adopts Directive on Exchange of Information on Income Generated through Digital Platforms (DAC7)

23 March 2021

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Approved Changes

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European Union

The Council of the European Union has announced the adoption on 22 March of a Council Directive amending Directive 2011/16/EU on administrative cooperation in the field of taxation with regard to the exchange of information on the income generated by sellers through digital platforms (DAC7). --- Taxation: Council adopts new rules to strengthen administrative cooperation and include sales through digital platforms The Council today adopted new rules to improve administrative cooperation in the field of taxation and address the challenges posed by the digital platform economy. A large and growing number of individuals and businesses use digital platforms to sell...