TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

New transparency rules on digital platforms

European Member States agreed to extend EU tax transparency rules to digital platforms. It is to ensure that those who make money through the sale of goods or services on platforms pay tax. This appears to be the latest step in the EU’s digital tax agenda.

The agreed proposal on administrative cooperation (DAC 7) will ensure that Member States automatically exchange information on the revenues generated by sellers on digital platforms, whether the platform is located in the EU or not. Formal adoption will follow once the European Parliament and the Economic and Social Committee give their opinion. The new rules will apply from 1 January 2023 onwards.