Taxes Consolidation Act 1997 section 891I

Implementation of Article 1(8) of Council Directive (EU) 2021/514 of 22 March 2021 amending Directive 2011/16/EU

Section 891I requires digital platform operators to register with Revenue, collect specified information about sellers using their platforms, and file annual returns reporting that information, giving effect to the EU Directive on Administrative Cooperation (DAC7).

• Platform operators with an Irish connection must register with Revenue unless they have elected to register in another EU Member State; non-EU operators facilitating relevant activities in any Member State must also register and receive a Platform Operator ID.
• Reporting platform operators must file an annual return by 31 January following the end of the reportable period, containing prescribed details of the operator, each reportable seller, and any immovable property rentals, and must provide a copy of the return to each reportable seller.
• Sellers must supply the information the operator needs to meet its reporting obligations; where a seller fails to do so, the operator must ultimately close the seller's account and prevent the seller from reopening it or opening a new account until the information is provided.
• Revenue may authorise officers to enter premises, inspect returns and procedures, impose penalties of up to €19,045 plus €2,535 per day for failure to file or for incorrect returns, and access anti-money-laundering registers when investigating beneficial ownership issues.