On 22 June 2021 the OECD published an international exchange framework in relation to the model platform reporting rules for sellers in the sharing and gig economy.
The Multilateral Competent Authority Agreement on Automatic Exchange of Information on Income Derived through Digital Platforms (DPI MCAA) is a multilateral agreement designed to support the annual automatic exchange of information reported by platform operators. Under the agreement the relevant information can be exchanged with the residence jurisdictions of the sellers, as determined using appropriate due diligence procedures.
The DPI MCAA would be used to exchange information collected under the Model Rules for Reporting by Platform Operators with respect to Sellers in the Sharing and Gig Economy, which were published last year. Digital platforms are obliged under those rules to collect information on income realised by sellers offering accommodation, transport and personal services through the platforms and are required to send a report to the tax authorities.
The DPI MCAA provides for the possibility to send information to a receiving jurisdiction that has not itself implemented the rules. The agreement can therefore be activated in relation to receiving information even if there is no domestic legislation implementing the rules.
An optional module would permit countries to implement the Model Rules with an extension to their scope. The module would extend the scope of the Model Rules to cover the sale of goods and the rental of means of transportation.
