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European Parliament Adopts DAC7 Proposal with Amendments

|Proposed Changes|European Union
European Union

The European Parliament has issued a release concerning the adoption on 10 March 2021 of the proposal for a Council Directive amending Directive 2011/16/EU on Administrative Cooperation in the Field of Taxation (DAC7), with amendments. DAC7 is meant to ensure that EU Member States will automatically exchange information on the income generated by sellers through digital platforms.

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Better cooperation between national authorities on taxation of digital trading

  • Tax authorities should sh…

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