DAC7 - FAQ
What is DAC7?
DAC7 is an EU directive that changes the rules regarding the sharing of information about income from online sales. This change does not only affect Tradera but applies to marketplaces with users residing within the EU.
Previously, the sharing of information was reactive; marketplaces were required to share information about sales upon request from the tax authorities. After the introduction of DAC7, the sharing becomes proactive, which means we will send information for anyone who has sold more than 29 items (listed items that were not sold are not counted) or received more than 2000 Euros in payments within a year. If you have reported a missing sale and the order is marked as cancelled, it will not be included in the DAC7 report either.
Does this change my tax liability?
The change only affects the sharing of control data. There is no change in whether or how much you need to pay in taxes.
If you are unsure whether you need to pay taxes on your sales or need personal advice regarding your taxes, we recommend contacting the Tax Agency for a reliable answer or visiting the Tax Agency's FAQ on DAC7.
What information does Tradera share with the Tax Agency?
In cases where the marketplace is required to provide information to the Tax Agency, the following information will be shared:
- Information about the seller's identity such as personal number, name, address, and country
- The number of transactions and their value
- Fees we have charged, such as commission fees, options, and listing fees
- The account number/PayPal account to which the money was paid
How often is information shared with the Tax Agency?
We share information once a year. We will inform you about the information we have provided to the Tax Agency.