DAC7 Reporting for EU Marketplaces

Hi everyone,

I believe this topic is very relevant to all members!

As many of you know, the new regulation called DAC7 is coming into effect this year and all marketplaces must comply.

Sharetribe have shared a useful article on what information will be required, but there is no information on how this will need to be submitted! Where? What format? How?

Any advice from fellow members or the Sharetribe team would be much appreciated.

Thank you,
Nick

Co-founder of FairArt

Hey @nicolasakidd!

Good to hear that the article was helpful. Here it is again for other readers: https://www.sharetribe.com/academy/what-is-dac7/.

The way to report this to your local tax office is different for each country. In some country, it’s not named DAC7 but something else and can be part of some other regulation bundle.

In most cases, I imagine that searching for “declare DAC7 country” in your favorite search engine and in your own language may be a good first step. Have you found anything with that? Or by looking at the official tax office website in your region(s)?

I’m French so it was easier for me to search in that language, and I was able to find this official page on the French tax office website, with the documents that should be shared with the tax officials, through regular channels. Again, this is likely in a different format elsewhere.

I also imagine that you may be able to get specific information by contacting your local tax office. I hope they’re aware and prepared for this :slight_smile:

Hopefully, this helps. Keep up the good work!