Obligation to report income on digital platforms
As 2022 draws to a close, a significant observation over the past year has been the number of countries who are imposing obligations to report income on digital platforms. Germany is the latest country to impose such obligations. The Finance Committee approved the draft law introduced by the Federal Government to implement Council Directive (EU) 2021/514 of 22 March 2021 amending Directive 2011/16/EU on administrative cooperation in the field of taxation and modernising tax procedural law. Please refer to 20/3436 for further details.