Policy Responses to the tax transparency and compliance challenges raised by the sharing, gig and crypto economies (OECD’s Model Rules/ EU DAC7 and the Crypto Assets Reporting Framework/EU DAC8 Proposal).

The sharing, gig and crypto economies have grown dramatically in size and scale over the last years. Boosted by platforms like Uber, Airbnb or Amazon, as well as by crypto-assets service providers like Coinbase or Binance, the emergence of these new economic sectors have brought many benefits to our society.

However, these phenomena have also brought several unintended side effects which have raised a common and very important challenge: the need to design balanced and fair legal frameworks to regulate them.

Preventing tax evasion and avoidance by both sellers in the sharing and gig economy and participants in market in crypto assets is evidently an important part of this difficult task. To address these issues governments and multilateral organizations such as the OECD and the European Union are called upon to adopt and/or propose specific regulatory responses (i.e. the EU DAC7 and DAC8 proposal and their OECD’s equivalents).

Listen to this podcast where specialists on these topics will explain you the most important aspects of this interesting subject.