Digital businesses, reporting obligation - EU Directive/ System becomes operational in 2027
The Tax Administration has concluded the preliminary phase of harmonization of legislation for the implementation of the DAC7 Directive, an important European Union act aimed at increasing fiscal transparency in the digital economy. This directive imposes new reporting obligations on digital platforms regarding the income that individuals and businesses earn through them.
But what is the DAC7 Directive? The DAC7 Directive (Directive on Administrative Cooperation 7) is part of the European Union's package on administrative cooperation in the field of taxation. It obliges digital platforms such as online marketplaces, service platforms, rental applications or those selling products, to collect and report to tax authorities information on sellers and the income they generate through the platform.
The main goal of DAC7 is to ensure that income generated in the digital economy is taxed fairly, avoiding tax evasion and reducing informality.
What changes for platforms and sellers? With the implementation of DAC7, digital platforms will be obliged to: identify active sellers on the platform; collect data on transactions and revenues generated; report this information periodically to the Tax Administration.
This data will serve tax authorities to verify the compliance of tax returns and to guarantee fiscal equality between entities operating in the traditional and digital markets.
According to the Tax Administration, the objective is for full legal harmonization to be completed by 2026, while the reporting system to be functional no later than 2027. This process constitutes an important step in the alignment of the Albanian tax administration with European Union standards and in the modernization of fiscal control.
The implementation of the DAC7 Directive is expected to increase transparency, guarantee fair competition and strengthen trust in the digital economy, while contributing to the expansion of the tax base and the formalization of online economic activity.
Greeks, "overworked" - One in five people works over 47 hours a week
Data from the Hellenic Statistical Authority (ELSTAT) from the Labour Force Survey for the third quarter of the year show that working for more than one......
3.4 billion lek for Shkodra - Budget 2026, Beci: 80% more investments and services
3.4 billion lek will be the budget of the Shkodra Municipality for 2026. With 30 votes in favor, 12 against and 1 abstention, the Shkodra Municipality......
Subjects under the scrutiny of the Labor Inspectorate - Hundreds of inspections, dozens of violations identified during November
During November, the State Labor Inspectorate intensified controls in the labor market, with the aim of guaranteeing compliance with legislation and......
Price for energy producers - Decision for 2026, the state will buy them at 10 lek/kWh
Electricity produced by priority producers will be purchased by the state at the price of 10 lek/kWh even during 2026. The Energy Regulatory Authority has......
Trump suspends US DV1 lottery - Decision, after shooting at Brown University
US President Donald Trump has decided to suspend the Green Card lottery scheme, following the mass shooting at Brown University, where two people were killed......
9 pharmaceutical companies reduce prices in the US - Companies will be exempt from tariffs imposed by Trump
Some of the largest pharmaceutical manufacturers based in the US and Europe have signed an agreement with President Donald Trump to voluntarily sell their......
Polluted air in Skopje - Critical threshold exceeded in some areas, authorities announce measures
The Ministry of Environment and Spatial Planning has announced that at several measuring points in Skopje, the critical threshold for suspended particles......
Innovation in the labor market, what will change from January 1? - Online portal that brings together public and private offers for simple application
The government has decided that all job vacancies in the public administration will also be published on the online portal of the National Employment and......
