For Swiss companies EU tax obligations can feel distant. With DAC7, that distance may be smaller than expected. DAC7 is an EU directive that requires digital platform operators to collect and report information about sellers and their income to tax authorities. The goal is to make income earned through online platforms more visible to tax authorities across the EU.

A Swiss company can be in scope if:

• Sellers on the platform are resident in the EU, or
• The platform facilitates rentals of real estate located in the EU

Where your company is based does not change this.

What this means in practice

For most platforms, the main challenge is not understanding the rule itself. It is getting the underlying process right. This means identifying which sellers are reportable, collecting the required tax and payment data, and making sure your systems can support accurate annual reporting. These are practical challenges that require preparation well before the reporting deadline.

RSM Switzerland and RSM in Europe

RSM Switzerland works closely with RSM firms across the EU and is collaborating with RSM

Netherlands on DAC7 matters. Across Europe, RSM professionals have hands on experience with DAC7 reporting as well as with comparable digital platform reporting regimes in other jurisdictions, including:

• Australia’s Sharing Economy Reporting Regime (SERR)
• New Zealand’s Digital Platform Information (DPI)
• Canada’s reporting rules for digital platform operators
• The UK reporting rules for digital platforms

This allows RSM Switzerland to combine local expertise with access to a well established European reporting network.

Not sure if DAC7 applies to you?

Now is the right time to review your seller base, your data, and your reporting setup. 

Get in touch with our DAC7 specialist.