No worries. Due to European legislation (DAC7), we are required to share certain seller information with the tax authorities. This does not automatically mean you have to pay extra tax on your earnings.
What you should know:
We report sellers with more than 30 sales or a total revenue above €2,000 in a calendar year. This is purely an administrative requirement and does not directly affect your tax payments.
What does this mean for you?
After 25 sales, we’ll ask you to complete any missing information.
After 28 sales, we’ll temporarily disable payout requests if the required details are still missing.
Once you provide the information, everything is re-activated immediately.
What information do we need?
Your tax identification number
Your full name
Your address
Your IBAN or bank account number
If this legislation applies to you, you’ll receive an email with clear instructions. Make sure to submit your details on time to avoid restrictions. For more information, visit your local tax authority’s website.
Questions? Our support team is happy to help at support@stuvia.com.