Multidimension desk:
DAC7, or the obligations for platform operators, is a set of rules that applies across the European Union from January 1, 2023. These new rules aim to ensure tax transparency for digital platforms such as Uber or Deliveroo. These platforms are required to report certain information about their partners who provide services (such as meal delivery drivers, passenger transportation (VTC)) or food vendors (such as restaurants) to tax authorities. The platforms will transmit the information once a year, meaning for the year 2023, they will transmit the information in 2024, the information from 2024 in 2025, and so on.
Transactions carried out before 2023 will not be covered by DAC7. Individual entrepreneurs and legal entities (such as companies, businesses) are affected.
The following information is provided for Uber (this list also applies to Deliveroo and others)
INDIVIDUALS
– First and last name
– Main address
– Tax Identification Number (TIN)
– Value-added tax identification number (if available)
– Date of birth
– Bank account number you use to receive payments through the Uber platform
– Name of the account holder if you do not use your own bank account to perform transactions on the Uber platform
– Number of transactions you have carried out on the Uber platform in each quarter
– Total payments you have received through the Uber platform in each quarter; the commission Uber has charged you in each quarter (including any fees and taxes).
LEGAL ENTITIES
– Company name
– Main address
– Tax Identification Number (TIN)
– Value-added tax identification number (if available)
– Company registration number
– Bank account number you use to receive payments through Uber platform
– Name of the account holder if you do not use your own bank account to make transactions on Uber platform
– Number of transactions you have carried out on the Uber platform in each quarter
– Total payments you have received through Uber platform in each quarter; the commission that Uber has charged you in each quarter (including any fees and taxes).
You don’t have to do anything, the platforms will take care of transmitting the information as they have all your information. However, if any information is missing, they will contact you to gather it. If you don’t provide this information, these platforms will be forced to freeze your accounts.
Regarding the reliability of the information you provided to Uber and other companies, they will rely on the information provided during registration and also on the documents submitted (ID, Urssaf certificate, RIB, KBIS, etc.)
Although the use of information retrieved by tax authorities varies depending on the EU member state in which you operate your business, the main objective is still to verify your income statements. Therefore, it is wiser to declare the exact amounts of payments received from these platforms.
Recent Comments