Poland’s Parliament has passed the Act of 23 May 2024 amending the Act on the exchange of tax information with other countries and certain other acts. The Act implements new regulations regarding the exchange of information on income derived by sellers through digital platforms (DAC7) under Council Directive (EU) 2021/514 as of 22 March 2021.
The regulation now awaits the president’s signature and its publication in the Official Gazette. Majority of its provisions will come into effect on 1 July, 2024.
DAC 7 introduces new reporting obligations for digital platforms which includes websites and mobile apps that facilitate the sale of goods, offer personal services both online and offline, or enable the rental of immovable property or transportation.
These platforms must report information on their users and the details of their economic activities. This initiative aims to assist tax authorities in EU member states in preventing tax evasion.
