On 5 January 2024, the German Federal Tax Office declared temporary regulations regarding the reporting requirements outlined in DAC7 for the 2023 reporting cycle, extending the initial deadline until 31 March 2024. DAC7 is designed to tackle challenges arising from digital platform use. It imposes a mandate on digital platform operators to disclose the earnings of sellers on their platforms and it also requires EU Member States to automatically exchange this information.
Therefore, the Federal Tax Office will not raise objections if reporting platform operators meet their reporting and documentation obligations, as outlined in the German implementation law, by 1 April 2024, at the latest.
