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Philipp Stanek

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Philipp Stanek is a member of Baker McKenzie's Tax Practice Group in Austria. Prior to joining the Vienna office in 2016, he was a senior consultant at a Big Four professional services firm. He works and teaches at the University of Salzburg and frequently publishes articles in professional journals and legal commentaries.

In March 2021, the EU approved new reporting rules in a directive known as DAC7. The directive will require the operators of online platforms for the sale of goods and certain services, to collect, verify and share data on their sellers and their transactions concluded on the online platform. EU member states have until 31 December 2022 to implement DAC7 into national law. Certain platform operators will become a reporting platform and will need to start collecting and verifying data points in compliance with the DAC7 reporting requirements. The collected data points must be reported to the tax authorities of the relevant EU member state annually.