The OECD has released a new global tax reporting framework, the Model Rules for Reporting by Platform Operators with respect to Sellers in the Sharing and Gig Economy (“MRDP”). Under the MRDP, digital platforms are required to collect information on the income earned through offering accommodation, transport, and personal services through platforms and to report the information to tax authorities.

According to the OECD the MRDP are designed to help taxpayers in being compliant with their tax obligations, while ensuring a level-playing field with traditional businesses, in key sectors of the sharing and gig economy. They seek to avoid a proliferation of different and unilateral reporting regimes, allow for the use of technology solutions, and help create a sustainable environment supporting the growth of the digital economy.