DAC7

1. What is DAC7?

DAC7 (Council Directive (EU) 2021/514 of March 22, 2021) is a directive that requires trading platforms, such as Fitssey, to collect and provide tax authorities with specific data about sellers and their income from sales.

DAC7 is not a tax and does not change tax regulations.

2. Validity of the regulations

The law implementing the DAC7 directive came into effect on July 1, 2024, but the provisions apply to the period starting January 1, 2023.

3. Who is affected

The obligations under the DAC7 directive apply to studios that, during a calendar year:

• generated at least 30 transactions paid online or with a fiscal receipt issued via Fitssey, or
  
  
• reached a total sales value of at least €2000 from online transactions and those with fiscal receipts issued by Fitssey.

4. Calculation of the equivalent of €2000

The amount is converted using the average euro exchange rate published by the National Bank of Poland on the first working day of the relevant period.

5. Data collected and shared

The report includes the following information:

• company identification data: depending on the business type, this includes the company name and address, tax ID, bank account number, and tax residency country. For individuals: firs and last name, tax identification number or personal identification number, date of birth;
  
  
• total number of transactions marked as paid, broken down by quarters;
  
  
• total income value from these transactions, also broken down by quarters.

6. Transactions included in the report

The report sent to the Polish National Tax Administration includes only transactions:

• marked as paid via "Online" or "Credit card" methods (using one of the online payment providers), or
  
  
• for which a fiscal receipt was issued through our system.

These are transactions for which we have confirmation that your business generated income.

7. Cancelled transactions

Cancelled, free, unpaid, or unconfirmed transactions are excluded from the report, even if they were originally paid online or accompanied by a fiscal receipt from our system.

8. Additional obligations

The directive does not require you to prepare new reports – this responsibility lies with us as the platform. The directive also does not impose any additional fees or taxes.

9. Reporting frequency

The DAC7 directive requires online platforms to submit annual reports. Collected data is provided to Polish tax authorities by January 31 of the year following the reporting year.

10. Required information

If you meet one of the conditions set by the directive, we may ask you to provide additional information via a dedicated form.

11. Multiple studio accounts in Fitssey

If you have multiple studio accounts, the conditions set by the directive will be checked separately for each account. We may request additional information for each account individually.

12. Report summary

In January of the following year, after the report is generated, detailed information about the number of transactions and income value (broken down by quarters) will be available in the Studio > Your Studio > DAC7 section.

These details will reflect the data included in the report sent to the appropriate authorities.

13. Consequences of missing information

If you do not supply the necessary information within the required timeframe, we are legally obligated to temporarily suspend your ability to sell and subsequently restrict access to your studio account.

However, you can regain full access at any time by completing the required information in the form.

14. DAC7 applies not only to Fitssey

The directive applies to many platforms across various industries, including e-commerce and booking platforms.

15. DAC7 content

The full text of the Council Directive (EU) 2021/514 of March 22, 2021 can be found at the following link.

16. Questions

If you have any questions or concerns, please contact us at [email protected]