Regulations
- Council Directive (EU) 2021/514 (DAC7)
Council Directive (EU) 2021/514 — the primary EU regulation establishing reporting obligations for digital platforms and marketplace operators on seller/provider transactions.
Enforcement cases
- [Multiple platforms] — Member State tax authorities (BZSt, DGFiP, AdE, etc.) 2024
First-wave enforcement by Member State tax authorities (BZSt, DGFiP, AdE, etc.) in 2024 demonstrating DAC7 reporting compliance scrutiny.
Controls
- Platform-reporting program (DAC7 / 1099-K)
Platform-reporting program covering DAC7 / 1099-K obligations — processes for identifying reportable transactions and seller data collection.
- Tax ID collection from sellers / contractors
Tax ID collection from sellers / contractors — foundational data-gathering control required to meet DAC7 seller-identification reporting.
- Trader KYBC (Know Your Business Customer) program
Trader KYBC (Know Your Business Customer) program — due-diligence process to establish seller identity and reportable status under DAC7.
- Trader traceability database
Trader traceability database — centralized record-keeping system supporting DAC7 reporting accuracy and Member State audit compliance.
- Trade-compliance recordkeeping program
Trade-compliance recordkeeping program — document retention and audit trail controls for cross-border transaction reporting under DAC7.
- EU / UK VAT registration + filing process
EU / UK VAT registration + filing process — interconnected with DAC7 reporting for seller tax-status verification and threshold monitoring.
This is based on Magist's regulatory data, not legal advice. Verify with counsel for your specific situation.