Description
Starting 2024, online platforms like Airbnb, Wolt, and Yaga will be required to report the income of service providers and sellers to the Estonian Tax and Customs Board (MTA). The reporting obligation will be triggered when service providers and sellers reach 30 transactions or €2,000 in revenue.
Platform managers must report income for both Estonian and EU taxpayers and share data with other countries' tax authorities. The first report will be due by January 31, 2024, for 2023 data.
The new rules are part of Estonia’s adoption of the EU’s DAC7 tax directive, aimed at improving tax verification and transparency. Failure to comply with the reporting obligation could result in penalties as well as full or partial blockage of platform managers’ activities.
- Keywords
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income,
taxation,
regulatory changes
- Actors
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Government
Sources
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On 22 March 2021, the European Council has adopted new rules to strengthen administrative cooperation in the area of taxation and include sales through digital platforms. The new rules aim …