DAC7 Directive Archives - Gigapay
DAC7 At Last? 5 Key Actions You Can Take Now

DAC7 At Last? 5 Key Actions You Can Take Now

There is a growing amount of buzz around DAC7, and how it will expand the EU-wide Tax Authority cooperation, while also helping member states address the challenges of the ever-increasing digital economy. But this is not without some drawbacks for business owners, since there’s a lot of burden on certain platforms within the scope ofRead More...

What DAC7 Means For The Gig & Creator Economy

What DAC7 Means For The Gig & Creator Economy

The gig and creator economy exploded during the pandemic, which compelled the EU council to adopt a new directive to foster tax transparency – DAC7.  This directive, however, will impact platforms in the gig and creator economy, as well as creators or freelancers that use the platforms for transactions.  By the time you’re done withRead More...

DAC7 Directive

DAC7 Directive: How Your Platform Can Become Compliant

Due to the physical restriction imposed during the Covid-19 pandemic, online platforms exploded, with the likes of Fiverr reporting a 77% jump in 2020 revenue to $190 million. This unprecedented growth led the EU council to adopt the DAC7 Directive to enhance tax transparency.  This new directive will force certain digital platform operators to adhereRead More...