Forum

Etsy DAC7 Europe Stealth Accounts
 

Hi guys,

DAC7 requires to add your ID card number, if you are living in Europe. I’ am thinking, if having multiple accounts on the same name will link those accounts after adding ID code (code varies by country, but it is you personal code, ussualy writren on Id’s and passports). I have added same ID, and it never caused a problem. Thinking, what could happend after entering that code.

Re: Etsy DAC7 Europe Stealth Accounts
 

You will just have to wait and see what happens and let us know.

Re: Etsy DAC7 Europe Stealth Accounts
 

Do you have stealth accounts in USA?

Re: Etsy DAC7 Europe Stealth Accounts
 

do they require a Card ID number or a tax identification number for a given country? like TIN etc.. it's important, and what country exactly in the EU are you in (if it's not a secret)?

Re: Etsy DAC7 Europe Stealth Accounts
 

ID card number or tax number? I wonder what about the driving license?**

Re: Etsy DAC7 Europe Stealth Accounts
 

They ask for your ID number, likee SSN. Sole Proprietorship number is not valid, but maybe registering account on LcC would work. I am trying it rn.

Re: Etsy DAC7 Europe Stealth Accounts
 

It apliess for both of us. 30 sales or 2000 revenue.

Re: Etsy DAC7 Europe Stealth Accounts
 

There was recently a friend from Lithuania who also had to provide his ID card number on Et$y, I saw you writing with him, I wonder if they just asked you for the tax ID of your country (Lithuania) or if they knew right away that there was an ID card number, mine the tax ID is a different number than the ID card, can you help?

Re: Etsy DAC7 Europe Stealth Accounts
 

EDIT: I'm wondering if when they asked you for this number, they knew that in your country, it's the ID card number, or if they just asked you for your country's tax identification number in general.

Re: Etsy DAC7 Europe Stealth Accounts
 

If you are talking about Ponciks, he is from Latvia. They display you a selection of few differt nationalities like Estonia, Poland etc. and then you choose on of them and enter the code. I haven’t done that yet, so I dont know what happens next. They are obligated to check on the european systems before providing info to the government.

Re: Etsy DAC7 Europe Stealth Accounts
 

Replying to the edit:
They knew that we have Personal codes (asm. K. In lithuanian), and they were like:

Please enter your Asm. K.

So I guess they know what they need. They say we need taxpayer id, but actually goverment identifies us by the personal code, so they actually seek for that.

Re: Etsy DAC7 Europe Stealth Accounts
 

thanks for the answer, I wonder what about the report of accounts that ended the sale earlier and closed their stores, since they were not asked for this number in accordance with DAC7

Re: Etsy DAC7 Europe Stealth Accounts
 

They will not be reported. But they still can see your income, if you use European banks.

Re: Etsy DAC7 Europe Stealth Accounts
 

yes, but not because of the et$y report :D

Re: Etsy DAC7 Europe Stealth Accounts
 

Maybe, this doesn’t really bother me, I want to save my account at first place.

Re: Etsy DAC7 Europe Stealth Accounts
 

Any news about the accounts? Are they fine? Have they been linked?

Re: Etsy DAC7 Europe Stealth Accounts
 

Does anyone have any information,we all know that at the beginning of 2024 all sellers will be reported under the new DAC7 law.The question is will the bank account details where the money is received be reported or just the sale details and data from the platform itself where the trading takes place?

Re: Etsy DAC7 Europe Stealth Accounts
 

of course they will, it is written in the law
if you confirmed the seller's details and added the tax number, the system included you in the next report, if you did not confirm and the account was suspended, you have to say goodbye to the store, but you can rest assured that there will be no report

Re: Etsy DAC7 Europe Stealth Accounts
 

I don't understand, what happens to the account created in 2019, they have not yet asked to confirm the identity again, then it seems that they will not send information about this shop to the state revenue service, or they will.

Re: Etsy DAC7 Europe Stealth Accounts
 

So if I didnt confirm my tax ID but my bank account, will they still report the things they have or do they have to have all information to report it? Because I guess they could easily get the tax ID through the bank account even if I didnt confirm it.