Legal Compliance: DAC7 Directive

DAC7 Compliance

Aligning with EU Legal Standards

The European Union’s DAC7 directive mandates that digital platforms report the income generated by their users to the relevant tax authorities. At Remotify, we fully comply with this directive, ensuring our platform operates within EU legal standards.

This compliance reinforces the transparency of digital transactions and ensures that our platform adheres to the regulatory framework, fostering a secure and reliable environment for all users.

What is DAC7?

DAC7 is an EU directive designed to enhance tax transparency and compliance in the digital economy. It requires digital platforms to collect and report user information related to:

  • The sale of goods,
  • The provision of services,
  • Rental of immovable property,
  • Rental of transportation equipment.

Under DAC7, platforms must report user data to the tax authority of the country in which the platform is registered. For Remotify, this is the Estonian Tax and Customs Board (MTA).

A Regulated Platform for Peace of Mind

By complying with DAC7, Remotify operates under a regulated framework that provides:

  • Assurance that the platform complies with EU legal requirements,
  • Transparency for users conducting transactions through the platform.

DAC7 compliance is not just a legal obligation but a commitment to creating a trustworthy and secure platform for our users.

What Information Do We Collect?

As part of DAC7 compliance, Remotify collects the following user information:

  • Identification details,
  • Tax Identification Number (TIN),
  • Income details generated through the platform.

This data is used solely to fulfill DAC7 obligations and is securely processed and shared only with the relevant tax authorities.

Your Data is Secure

Data security and privacy are top priorities at Remotify. To ensure your information is protected:

  • We store all data in compliance with the EU General Data Protection Regulation (GDPR),
  • We only process and share data required for legal compliance,
  • Our modern security infrastructure safeguards your personal information.

Frequently Asked Questions

What is DAC7?
DAC7 is a European Union directive that requires digital platforms to report user income to the appropriate tax authorities.

What does Remotify do under DAC7?
Remotify collects required user information and reports it to the Estonian Tax and Customs Board (MTA), as mandated by the directive.

Does this process affect my tax obligations?
While DAC7 ensures platform compliance, users are responsible for fulfilling their tax obligations according to their local laws.

Is my data secure?
Yes, all data is stored and processed in compliance with GDPR standards and used only for DAC7 reporting purposes.

Transparency and Reliability

At Remotify, DAC7 compliance is a testament to our commitment to transparency and adherence to legal standards. By aligning with this directive, we provide users with a secure, regulated, and trustworthy platform for their transactions.

For more information, please contact us:  info@remotify.co