OECD consultation on model rules for collaborative economy taxation

The OECD is taking forward work on the development of model reporting rules that could be adopted by interested jurisdictions on a uniform basis to collect information on transactions and income realised by platform sellers, in order to contain the proliferation of different domestic reporting requirements and to create efficiencies for tax administrations and platform operators. The OECD has published a public consultation document (questions on pages 11 to 13) containing the current draft of the Model Rules and commentary. The OECD invites input on the key design features of the Model Rules and commentary, as set out in the document, as well as on any other aspects that respondents consider relevant. Comments are also welcomed on the Code of Conduct contained in Annex B. The deadline for comments has been extended to 13 April (initially 20 March) and should be sent by email. HOTREC has provided a reply to the consultation, available here below.