The Czech Republic’s Minister of Finance has signed a declaration on the application of the Multilateral Agreement of Competent Authorities on the implementation of the automatic exchange of information notified by platform operators (DPI MCAA) on 6 November 2024.
In connection with the signing of the DPI MCAA, the Ministry of Finance published in the Financial Bulletin No. 16/24 a list of third countries that met the conditions for exchanging information to a similar extent as in DAC7.
Starting 1 January 2025, reporting platform operators will be required to gather information on sellers who are tax residents of specified third countries. This data must then be submitted to the specialised tax office by 31 January 2026.
The list currently includes three countries: the United Kingdom of Great Britain and Northern Ireland, Canada and New Zealand. However, this list will be expanded in the future.
In 2023 and 2024, platform operators must report information only on Czech sellers and sellers who are tax residents of EU Member States. Adding third countries to the DPI MCAA expands the scope of reportable sellers under DAC7.
