On 5 July 2023, the Irish Revenue issued eBrief No. 155/23, which provides guidance for platform operators for the exchange of information on income generated through digital platforms (DAC7).
Council Directive 2011/16/EU (DAC) provides for the automatic exchange of information between the tax administrations of EU Member States.
The DAC was amended by Council Directive (EU) 2021/514 (DAC7) in 2021 to extend the scope of the existing DAC provisions.
With effect from 1 January 2023, DAC7 obliges certain platform operators to collect and automatically report information on certain sellers using their platform to earn consideration. Tax and Duty Manual Part 38-03-31 – EU Reporting Obligations for Platform Operators – provides general guidance on how the new obligations will operate in Ireland.
