Public consultation on strengthening the exchange of information framework

Overview

PricewaterhouseCoopers International Limited on behalf of its network of member firms (PwC) welcomes the opportunity to respond to the European Commission (“the Commission”) with respect to its consultation to Strengthen the exchange of information framework in the field of taxation. This includes two significant elements for comment:

• reporting by digital platforms facilitating peer-to-peer sale of goods or services between users – including the “collaborative economy” or so-called “sharing” and “gig” economy, and
• enhanced co-operation between tax administrations through conducting joint audits, whereby two or more administrations form a single audit team in order to examine an issue/set of transactions that pertain to one or more related taxpayers (with cross-border economic activities).