On 28 August 2026, the Finnish Tax Administration (Verohallinto) released an updated list of jurisdictions with which Finland has effective agreements for the automatic exchange of information regarding income derived through digital platforms. This guidance implements the EU Directive on Administrative Cooperation (DAC7) and the OECD Model Rules for Reporting by Digital Platform Operators, extending tax transparency obligations to platform operators facilitating transactions such as rental of immovable property, personal services, and sale of goods. The list determines the scope of reportable platform operators and the jurisdictions whose tax authorities will receive data on Finnish taxpayers’ platform income. The update reflects new bilateral competent authority agreements concluded throughout 2026 and aligns with the EU’s mandatory automatic exchange framework effective since 1 January 2023.
Key Takeaways
- Expanded Jurisdiction Coverage: The revised list adds several new partner jurisdictions, meaning platform operators resident in or facilitating transactions for sellers in these countries must now report seller data to the Finnish Tax Administration, increasing compliance obligations for multinational platform businesses.
- Clarified Reporting Thresholds and Exemptions: The guidance specifies de minimis thresholds for casual sellers (fewer than 30 transactions and €2,000 annual consideration) and clarifies the treatment of government entities and listed companies, reducing administrative burden for low-volume participants.
- Implications for Cross-Border Tax Audits: With automatic data exchange now operational for a broader set of countries, Finnish tax authorities will receive granular transaction-level data, enabling targeted audits of undeclared platform income and enhancing detection of VAT and income tax non-compliance in the gig and sharing economy.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement