The European Commission plans to create a proposal for a directive, which should tackle tax fraud and evasion. Therefor a better cooperation between national tax authorities on exchanging Information is needed.
This initiative aims to strengthen the framework so tax authorities can better exchange information on taxpayers working in the digital economy. This will help ensure they report what they earn and pay adequate tax.
It will also create a more efficient tax environment so compliant businesses can benefit from the single market and sustain economic growth.
UFE gave Feedback to the European Commission.
UFE President Florian Koebler said, that UFE calculates the loss in tax revenue to be around 15 billion € in Europe. UFE agrees with the European Commission that the digital platform economy is very susceptible to fraud.