Sales between individuals over the Internet have not stopped adding users for years. Who sold the most and who sold the least something via second-hand apps like Wallapop, Ebay or Vinted. About Platforms that allow a potential buyer to connect with someone who has a product and wants to sell it, without the need for intermediaries. The success of the model is huge and at the same time environmentalism and responsible purchasingWe are in favor of reusing second-hand products instead of new products.
However, the entry into force of new European regulations has forced Spain to make changes to the legislation that directly affects this business, and from next January 1, all these platforms will be required to report to the Treasury all income generated by sellers.
The DAC7 Directive actually includes control of profits made by users of Vinted, Wallapop, Ebay or other applications. and similar services were recorded every month and until now remained outside of tax audit and therefore tax liabilities.
Treasury wants to know how much you earn by selling second-hand products and much more…
Although these platforms and their sellers are among those affected by this income control, the truth is that the European directive also affects other services that allow property rental between individuals and even car rental in the countries where they operate.
In particular, from January 1, services include the following services:
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Real estate rental: whether for residential or commercial use, including parking areas.
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Personal services.
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Sale of goods.
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Rental of all types of transportation vehicles.