What is DAC7? EU Directive on Digital Platform Tax Reporting Explained

What is DAC7?

The EU Directive DAC7 is a regulation that requires digital platforms to report information about their users and the income they earn through platforms like Spotahome to tax authorities.

This information is then shared among other EU Member State’s tax authorities to seamlessly collect your tax and provide a more accurate tax return. The data we report will then be used to ensure accuracy with your taxes.