The German Federal Central Tax Office (BZSt) has announced transitional provisions for the annual reporting requirements under the new rules on the exchange of information on income generated by sellers through digital platforms (DAC7). 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, the German transitional provisions extend...