EU DAC7 Information Notice

1. What is DAC7?

DAC7 is the EU Council Directive (EU) 2021/514, extending administrative cooperation in tax matters to digital platforms. It requires platforms like Tandemio to:

• Collect tax-relevant data on Creators ("Reportable Sellers")
• Verify that data using third-party sources where required
• Report it annually to one EU Member State tax authority
• Provide a copy of the report to each affected Creator

It applies to "Relevant Activities" including sale of goods, provision of personal services, and (relevant for Tandemio) online advertising and influencer marketing.

2. Who is reportable?

DAC7 applies to every Creator who, in a calendar year:

• performs more than 30 transactions on the platform, OR
• receives total payouts over €2,000

If you are below both thresholds, your data is not reported (but is still verified for compliance).

3. What data we report

For each Reportable Seller, we report:

• First and last name (or company name)
• Address
• Date of birth (if individual)
• Tax Identification Number (TIN) and country of issuance
• VAT ID (if applicable)
• Bank account details (IBAN, BIC)
• Total payouts received per quarter
• Total fees paid to the platform
• Number of relevant activities

4. Who receives the report

We report to the tax authority of the EU Member State in which Tandemio is registered (Czech Republic, Generální finanční ředitelství). They share data with other Member States under DAC7.

• If you are tax resident in Czech Republic, your data goes to GFŘ directly.
• If you are tax resident in another EU country, data is forwarded via DAC7 exchange.

5. When we report

• Calendar year of activity: Jan 1 – Dec 31
• Reporting deadline to tax authority: by Jan 31 of the following year
• Report copy to Creator: by Jan 31 (in-app + email)

6. Your rights

• Access — at any time, download your DAC7 statement in Settings → Earnings → DAC7 Statement
• Rectification — correct tax data via Settings → Tax Profile
• Information — this page describes what we report and to whom
• You retain all rights under GDPR (see Privacy Policy)

7. KYC verification

For DAC7 compliance, we verify identity and tax data via:

• Stripe Identity (document + biometric)
• Sumsub (fallback for non-EU sellers)
• VIES check for VAT IDs

If we cannot verify your data, we may freeze payouts until verification is complete.

8. Non-EU Creators

If you are tax resident outside the EU, DAC7 may still apply when performing Relevant Activities for EU customers via Tandemio. We may report your data to a Member State tax authority with an information exchange agreement with your country.

9. What if I do not provide the data?

Per DAC7 Article 8ac, we must close your account or block payouts after two reminders if you fail to provide required data. We give 60 days notice before doing so.

10. Contact

DAC7 queries: [email protected]. For questions about your tax obligations, consult a qualified tax advisor — Tandemio cannot provide tax advice.