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What is DAC7 and how does it affect you?

EU Directive 2021/514 – known as DAC7 – concerning cooperation in the field of taxation, which came into effect on January 1, 2023, introduces the main novelty of requiring digital platforms, such as Rentalia, to exchange information related to the income earned by advertisers using our platform with other EU countries.

As a Spanish company, Rentalia is obligated to report information about our sellers to the Spanish Tax Agency. This communication is annual and must be sent, using Form 238, before January 31 of the following year.

Which advertisers are affected by DAC7?

Those who either advertise accommodation located within the EU or have EU tax identification and who, using Rentalia’s online booking services, have received income from bookings with check-in dates within the fiscal year concerned, that is from January 1 to December 31.

 

What information is communicated through DAC7?

Advertiser data

Advertisers are categorized as either companies or individuals, and depending on the profile type, we will need to collect different information:

If you identify as a company:

  • Company name
  • Tax identification number and issuing country
  • Business registration number
  • VAT number
  • Company headquarters address

If you identify as an individual:

  • Full name
  • Tax identification number and issuing country
  • VAT number
  • Date of birth
  • Full address of the primary residence

Accommodation data:

  • Full address
  • Cadastral reference

Activity data

Within each annual period, the following data will be reported on a quarterly basis:

  • Income earned through Rentalia
  • Commissions and taxes applied by Rentalia and AvaiBook
  • Number of bookings and days the accommodation was rented
  • Bank account number and holder where reservation payments were made

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Updated on 31 October, 2024

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