DAC7 is a European Union (EU) regulation (Regulation 2021/514), that requires digital platforms to share certain information about their sellers to the tax authorities. This law applies to all EU countries (including Spain, Italy and Portugal).
The purpose of this regulation is to increase transparency and improve information sharing between platforms like ours and tax authorities in the EU.
Starting from 1 January 2023, Wallapop has been required to gather, check, and report information with the tax authorities about certain sellers that use our platform. This information must be collected and verified each calendar year (from 1st January to 31st December each year) and must be reported by Wallapop no later than the 31st of January of the following year.