Global Daily Tax News, Ireland Updates Guidance On DAC 7 Registration, (Jun 10, 2024)

The Irish Revenue has updated its registration and filing guidelines in relation to the seventh EU Directive on Administration Cooperation in tax matters (DAC 7).

DAC 7 introduced 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.

Ireland launched its DAC7 portal on November 1, 2023, with digital platforms required to collect and automatically report information starting from January 1, 2024.

The guidelines have been updated to explain the information that is required from Foreign Platform Operators when seeking to register.