It has been nearly a year since internet platform operators first “sweated over” the preparation of reporting for the purposes of DAC 7.

As this was a new reporting obligation, which no one had previous experience with, the first reporting was not without errors. Platform operators are obliged to submit data in XML format, which has its own specific rules.

We encountered various types of filing errors with a number of clients, some impervious, others less severe. However, modification of the XML file was always required.

With regard to the “newness” of the reporting, the tax administration was very lenient with late and incomplete submissions and tried to help platform operators.

However, 2024 will be the second year of reporting, and the tax administration certainly expects the data to be reported in relevant quality already and without errors. The deadline for filing the 2024 DAC 7 report is 31 January 2025.

If you are subject to the above reporting obligation and need professional assistance, we are ready to assist you with the preparation of the XML itself, as well as with its revision or specific submission. Please do not hesitate to contact your Grant Thornton contact person.