Germany plans crackdown on online shopping tax fraud


Man holding tablet computer in cafe. Close up

BERLIN: Germany is planning tougher rules for online shopping platforms to help combat sales tax fraud that is estimated to cost the country hundreds of millions of euros in lost revenue, a finance ministry spokeswoman said on July 30.

The draft law, reviewed by Reuters, would oblige operators of electronic marketplaces to record transactions that could be taxable in Germany. It will be discussed at Wednesday's cabinet meeting, the spokeswoman said.

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