# Budi Auktioner - Budi.se - Auktioner online ------------------------------------------------------------------------ ## DAC7 - Information for sellers via Budi According to EU Directive DAC7, Budi is required to report information about sellers annually to the Swedish Tax Agency. Here we explain who is covered, what information is shared, and what it means for you as a seller. # DAC7 - Information for Sellers on Budi [🔗 Permalink](https://www.budi.se/en/info/dac7#dac7-information-for-sellers-on-budi) > **Note:** This document is a translation from Swedish. The original Swedish version is the legally binding document. In the event of any discrepancy, the Swedish version shall prevail. > This information applies to you as a **seller** of goods via Budi. If you only buy at our auctions, you are not affected by DAC7. ## What is DAC7? [🔗 Permalink](https://www.budi.se/en/info/dac7#what-is-dac7) Since 1 January 2023, the EU directive DAC7 (Directive on Administrative Cooperation) has been in effect. The directive means that digital marketplaces such as Budi are required to report certain information about their **sellers** to the Swedish Tax Agency (Skatteverket). The purpose is to increase transparency regarding income from sales via platforms. Previously, the Swedish Tax Agency shared this type of information between EU countries only upon request. With DAC7, reporting instead takes place proactively and automatically. **As a buyer on Budi, you are not affected by DAC7.** ## Which sellers are covered? [🔗 Permalink](https://www.budi.se/en/info/dac7#which-sellers-are-covered) If you as a seller during a calendar year meet **any** of the following criteria, we are required to report information about you: - You have completed **30 or more sales transactions**, or - The total value of your sales exceeds **EUR 2,000**. It is sufficient that one of the criteria is met. **Sellers exempt** from the reporting obligation: - Government agencies and public bodies - Sellers who do not reach any of the threshold values above during the calendar year ## Does DAC7 affect my tax liability as a seller? [🔗 Permalink](https://www.budi.se/en/info/dac7#does-dac7-affect-my-tax-liability-as-a-seller) No. DAC7 does not change the rules for how income is taxed. The directive only regulates how information about your sales revenue as a seller is shared between platforms and tax authorities. If you are unsure about how your sales affect your tax situation, we recommend that you contact the Swedish Tax Agency (Skatteverket) or your tax adviser. ## What information is reported about me as a seller? [🔗 Permalink](https://www.budi.se/en/info/dac7#what-information-is-reported-about-me-as-a-seller) If you as a seller are covered by the reporting obligation, we send the following information to the Swedish Tax Agency (Skatteverket): **If you sell as a private individual:** - Name, address and date of birth - Personal identity number - Tax residency (the country where you are liable to pay tax) - Number of transactions and their value - Fees and commissions charged by Budi - The account or bankgiro number to which remuneration has been paid **If you sell as a company/organisation:** - Company name and organisation number - Registered address - Permanent establishment (the countries in which the business operates) - Tax registration number - The same transaction data as above ## When does the reporting take place? [🔗 Permalink](https://www.budi.se/en/info/dac7#when-does-the-reporting-take-place) Reporting to the Swedish Tax Agency (Skatteverket) takes place once a year and covers the preceding calendar year. The Swedish Tax Agency may in turn share the information with tax authorities in other EU countries if you as a seller have your tax residency there. ## How does this relate to GDPR? [🔗 Permalink](https://www.budi.se/en/info/dac7#how-does-this-relate-to-gdpr) DAC7 entails a statutory obligation for Budi to share certain information about sellers with the Swedish Tax Agency (Skatteverket). This obligation constitutes the legal basis for the processing of the personal data that is reported. We retain transaction data in order to fulfil our reporting obligation, even if you as a seller close your account with Budi. More information about how we handle personal data can be found in our [privacy policy](/info/integritetspolicy). ## Read More [🔗 Permalink](https://www.budi.se/en/info/dac7#read-more) - [Swedish Tax Agency - Digital platforms and reporting obligations](https://www.skatteverket.se/foretag/drivaforetag/startaochregistrera/digitalaplattformarlamnauppgifteromsaljareuthyrareochersattningar.4.7c708f0e16bed42cd0555d5.html) - [European Commission - DAC7](https://taxation-customs.ec.europa.eu/taxation/tax-transparency-cooperation/administrative-co-operation-and-mutual-assistance/dac7_en) ## Do you have questions? [🔗 Permalink](https://www.budi.se/en/info/dac7#do-you-have-questions) Contact our customer service if you have questions about DAC7 or how it affects you as a seller on Budi. ------------------------------------------------------------------------ Thank you for visiting Budi.se! - This page is available at: https://www.budi.se/en/info/dac7.md - This page is also available as HTML at: https://www.budi.se/en/info/dac7 - For full LLM instructions, see: https://www.budi.se/llms.txt ------------------------------------------------------------------------ Copyright Budi AB - All rights reserved