Sales between individuals over the Internet have continued to attract users for years. Who sold the most and who sold the least, through second-hand apps like Wallapop, Ebay or Vinted. These platforms connect a potential buyer with someone who wants to sell a product, without the need for intermediaries. The model has enjoyed huge success and, at the same time, aligns with environmentalism and responsible purchasing. Reusing second-hand products is favored over buying new ones.
However, the entry into force of new European regulations has compelled Spain to adjust its laws, and from next January 1, all these platforms will be required to report to the Treasury the income generated by sellers.
The DAC7 Directive specifically targets the profits earned by users of Vinted, Wallapop, Ebay or other similar apps. These earnings, recorded monthly, were not previously part of tax audits and thus remained outside tax liabilities until now.
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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 reality is that the European directive also impacts other services that enable property rental between individuals and even car rental in the countries where they operate.
In particular, from January 1, the directive includes 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.