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Online commerce, targeted by a new EU directive. Additional reporting obligations

Online commerce, targeted by a new EU directive. Additional reporting obligations

Opinion material by Camelia Malahov, Director of Direct Taxes, and Anca Ghizdavu, Manager of Direct Taxes, Deloitte Romania

                                     

Online commerce, which has been expanding rapidly since the COVID-19 pandemic broke out, is also under the scrutiny of authorities around the world, in an attempt to determine whether the sector is contributing properly from a fiscal point of view. To this end, a new directive has been adopted at European level - DAC 7, which, among other things, targets e-commerce platforms, respectively traders who sell through them.

For more information, please see the Romanian version of the article, here.

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DELOITTE CONSULTANTA SRL