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Finnish Draft Bill to Implement DAC7

28 October 2022

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Proposed Changes

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Finland

Finland's Ministry of Finance has issued a release on draft bill HE 225/2022 vp, which was submitted in parliament on 20 October 2022 for the implementation of the new rules on the exchange of information on income generated by sellers through digital platforms (DAC7). The DAC7 rules are provided in Council Directive (EU) 2021/514, which was adopted on 22 March 2021 for the amendment of Directive 2011/16/EU on administrative cooperation in the field of taxation. DAC7 is meant to address issues resulting from the use of digital platforms, including that income earned through digital platforms is often unreported and tax...