Lithuania EU DAC7 Reporting Requirements and FAQs
The FAQs on the DAC7 Reporting Requirements Draft were released by the Lithuanian Tax Agency (Valstybinė mokesčių inspekcija) to clarify which platforms must disclose the income, fees, or commissions that platform sellers receive, as well as how much information they must provide. The rules will come into effect on 1 January 2023. DAC7 Reporting Requirements: […]