{"id":20101,"date":"2022-10-05T10:31:37","date_gmt":"2022-10-05T08:31:37","guid":{"rendered":"https:\/\/hvk-stevens.com\/?p=20101"},"modified":"2022-10-05T10:33:18","modified_gmt":"2022-10-05T08:33:18","slug":"dac7-reporting-obligation-for-digital-platform-operators-regarding-seller-data-as-per-january-1-2023","status":"publish","type":"post","link":"https:\/\/hvk-stevens.com\/en\/dac7-reporting-obligation-for-digital-platform-operators-regarding-seller-data-as-per-january-1-2023\/","title":{"rendered":"DAC7 – Reporting obligation for digital platform operators regarding seller data as per january 1, 2023"},"content":{"rendered":"
As of January 1, 2023, “digital” platform operators (hereafter: “platform<\/strong>“) are under DAC7 required to report certain data (e.g., turnover figures) to the Tax Authorities about sellers who make use of the platform. The purpose of this notification is to ensure a more transparent digital economy.<\/p>\n Hereafter, we answer the five key questions about the new reporting obligation under DAC7.<\/p>\n A platform is defined as any form of software, including a website, app or otherwise, that brings sellers\/providers together with buyers, to perform activities for a certain fee. These include platforms on which real estate or means of transport are rented, goods are sold or personal services are offered.<\/p>\n Under DAC7, platforms are required to:<\/p>\n Digital platforms that merely post ads, process payments or refer users to a platform are not covered by DAC7 and have no reporting obligations.<\/p>\n Sellers using a digital platform may be asked for additional information and data by the platform. In addition, sellers themselves must verify that the data reported by the platform is accurate.<\/p>\n As of January 1, 2023, digital platforms must collect data and information about their sellers and keep record of that information. In principle the\u00a0 information over 2023 needs to be reported to the Tax Authorities ultimately on January 31, 2024.<\/p>\n We advise digital platforms and other marketplaces to determine what seller data is required and to set-up an administration in which the data can be collected.<\/p>\n Moreover also an assessment needs to be made if additional data must be collected about existing sellers.<\/p>\n Should any questions arise as a result of this newsletter, please feel free to contact one of our specialists.<\/p>\n1. Which platforms fall in the scope of DAC7?<\/h3>\n
2. What is a platform required to do?<\/h3>\n
\n
3. Which digital platforms are not covered by DAC7?<\/h3>\n
4. How does DAC7 affect sellers?<\/h3>\n
5. When will the reporting obligation take effect?<\/h3>\n
Summary<\/strong><\/h3>\n