As part of the DAC7 Directive, Spotahome is obligated to report your financial activities to the relevant tax authorities each year. Failure to provide accurate information, or providing false or incomplete details, may lead to penalties, including fines or further legal action, depending on the laws of your country. The penalties could vary across EU member states, and it’s important to comply with your local tax regulations. For detailed information about potential consequences, please refer to your country’s tax authority portal or consult a tax professional.