Global Daily Tax News, Germany Grants DAC7 Reporting Extension For Platforms, (Jan 25, 2024)

German authorities are to allow platform operators additional time this year to file information required under the seventh Directive on Administrative Cooperation in tax matters.

DAC 7 introduces new reporting obligations on digital platforms, such as websites and mobile apps that allow taxpayers to sell goods, offer online and offline personal services, or rent out immovable property or means of transport. They must report information on taxpayers using their platforms and details about their economic activities. This information is intended to assist tax authorities in EU member states to prevent tax evasion.

For information in respect of the 2023 calendar year, Germany will accept that such information is timely filed if provided before April 1, 2024, rather than by January 31, 2024.