Skip links

OECD extends tax reporting framework to ecommerce goods and ride sharing

Global marketplaces and car sharing brought into VAT / GST review

The Organisation for Economic Cooperation and Development has extended the sector coverage for its model framework for tax authorities’ requests for data from gig and sharing economies. The new sectors added cover digital platforms that sell goods online and rent transportation

The original gig and sharing economies reporting framework was adopted last summer. This involved extensive consultation with global tax authorities and major digital platforms to strike a balance between understanding the full extent of sellers’ taxable transactions and overburdening operators with overlapping information requests. The OECD model covered reporting requirements, plus administrative and enforcement good practise.

For regular free updates register for our global VAT and GST news.

The extension of the model to goods and ride-sharing would allow tax authorities to automatically exchange information on goods sold and cars rented. The OECD said it was adding the optional rules in response to demand from “a number of jurisdictions,” noting that activities facilitated by such platforms aren’t always visible to tax authorities or self-reported by taxpayers.

EU review of VAT and platform economy

The EU is also reviewing VAT treatment for the platform economy, which includes the gig and sharing economies. And the DAC 7 EU marketplace reporting requirements come into effect on 1 January 2023.

EU VAT reforms

Reform (click for details) Update
Contact VATCalc to learn how our single VAT determination, reporting and e-invoicing platform can help you manage and thrive with global compliance change
2030? Digital Reporting Requirements and e-invoicing harmonisation Delayed from 2028
Structured e-invoices supercede paper invoices Delayed from 2028
EC Sales lists replaced by Digital Reporting Requirements Delayed from 2028
2028 EU Customs reforms Published May 2023
€150 import consignment threshold removed Published May 2023
2026 DAC8 harmonised crypto asset reporting Approved May 2023
2025 Single VAT Registration in the EU - extension of OSS Potential delay to 2026
Marketplace deemed supplier extended to EU sellers Potential delay to 2026
Proposal for VAT treatment of the platform economy Potential delay to 2026
EU IOSS mandated for marketplaces Potential delay to 2026
Call-off stock VAT simplification ends Potential delay to 2026
Harmonisation of B2B Reverse Charge rules Potential delay to 2026
VAT registration thresholds equivalence foreign businesses On track
Virtual events VAT rule changes Agreed
2024 Payment providers' seller transaction reporting and bookkeeping obligations On track
Financial Services VAT exemption reform proposals Consultation complete; proposal 2023
Tour operator margin scheme VAT reforms EC undertaking fresh review
2023 DAC 7 - marketplace reporting harmonisation On track
2022 IOSS reforms to prevent double taxation Proposals early 2022
EU reduced VAT rate freedoms Enter into force 6 April 2022
VAT in the Digital Age proposals Published Dec 2022
EU DAC8 cryptocurrency tax reporting proposals Published Dec 2022
VAT Gap Initiative Q3 2022
EU Definitive VAT System On hold
2021 One-Stop-Shop (OSS) single EU VAT return In effect since 1 July 2021
Ending €22 import VAT exemption; new IOSS return In effect since 1 July 2021
Marketplace deemed supplier EU VAT reforms In effect since 1 July 2021
2020 EU four Quick Fixes for VAT In effect
Tax authorities anti-VAT fraud cooperation In effect
Tax Action Plan - 25 VAT and other tax reforms roadmap See 'VAT in the Digital Age' and others
2019 Simplification of e-services VAT compliance and thresholds In effect
Single and multi-use vouchers In effect
2018 Lower e-book and publications VAT rates In effect, although not all EU states have adopted the option


Get our latest news right in your mailbox