European information obligations (DAC7) within bol

On this page, you can read more about what DAC7 is, how bol deals with it, and what it means for you.

What is DAC7? 

DAC7 is an abbreviation for ‘Directive on Administrative Cooperation 7’. This new European directive requires that bol, as a platform, collects and passes on information to the tax authorities. This concerns information about your sales on the bol platform and about you as a partner. European governments then share this data with each other. By working more closely together, these governments will have greater insight into the revenue you generate or receive as a partner through bol. 

  

Why is this directive in place? 

Digital platforms have grown dramatically in recent years. Because platforms tend to trade internationally, local governments have less insight into how much revenue is actually generated by sellers on platforms. The aim of the DAC7 is to provide more clarity and to ensure that taxation is carried out fairly. This way, we are also competing on a level playing field with shops that do not sell through platforms. 

  

Who do these regulations apply to?  

DAC7 applies to bol sales partners who sell a minimum of 30 items or receive more than €2,000 in net payments paid per year (from now on, referred to as the “item/net payment threshold”). Do you have several seller accounts? Then bol links your accounts automatically based on the same CoC or VAT number, and you will only have to fill in your details once. Apart from that, there are a few exemptions. You can find those in the FAQs at the bottom of this page. 

  

Good to know:  If you are below the item/net payment threshold or if you qualify for another exemption, we will not share your information with the tax authorities. 

What do I need to do? 

We are already keeping a record of your sales data for you. There is no need to do anything. 

However, the information about you as a partner does require your help. You will automatically receive an email from bol asking you to provide the required information. The information required depends on your legal form of business. The DAC7 regulations make the distinction between natural persons (such as sole proprietors), and so-called legal entities (such as a Limited Liability Company or a VOF/general partnership). 

  

You will find a special page with your DAC7 information in your seller account. To help you as much as possible, we have already filled in many of the fields for you with information from the Business Register. Is this information incorrect? Please update the Business Register. If the information is correct, confirm by clicking ‘Save’.

We require the following information
The information required depends on your legal form. The tax authorities make a distinction between sole proprietorships and so-called legal entities (such as a Private Company or VOF).

Of course, we only use your personal data for DAC7. We receive most of the requisite data through the KVK or KBO and therefore, it is already known to us. We kindly request that you supply the rest of the information/data that is required. 

Bol shares this financial information with the Belastingdienst 

DAC7 requires bol to share financial data about your sales with the Belastingdienst. It allows governments to carry out broad checks on whether you are meeting your tax obligations. We are required by law to provide an annual report, broken down by quarter. 

The period that the financial data covers is important. We are required to provide data on when invoices are paid or credited. This is usually at the beginning of each month. 

 

Where can I find the information that bol has shared with the Belastingdienst? 

If the DAC7 applies to you, bol is required to share information about you and your sales with the Belastingdienst. You can find this information in the DAC7 report that we attach to your seller account (on your Finance page under the ‘DAC7’ tab). In your DAC7 report, you will also find a handy appendix where we explain certain terms. 

 If the DAC7 does not apply to you, then a DAC7 report will not appear in your seller account. This means that we have not shared information about you and your sales with the Belastingdienst. Do you want to know when the DAC7 regulations apply to you? You can find the answer to this and many other questions in the FAQs. 

Want to know more?  

Would you like more information about DAC7? Then please check out the information from the Belastingdienst. Any other questions? Then please contact Partner Service. 

Frequently asked questions

About DAC7