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An automated solution for generation and submission of DAC7 compliant reports
What is DAC7? It's an EU directive that requires online platforms to collect and verify the tax information of their sellers/partners/suppliers as well as accurately report their earnings to local tax authorities. This law enables tax authorities to better monitor taxpayer activities across different countries and reduce tax evasion.
The equivalent laws have now been passed in the UK, CA, AU and NZ
Be compliant in 5 steps
With the use of powerful tools that maximizes efficiency
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Unlike other providers, we have the ability to both collect and verify you suppliers information before reporting to authorities. This is available in bulk, native apps or via APIs
Integrate to source systems to synchronize data directly, enabling instant data processing and reporting.
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Utilize our ID & Transform product for reporting preparation or Directly convert to XML for your DAC7 compliant report
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Submit your complete DAC7 Earnings report in XML format directly to tax authorities, streamlining the reporting process.
Generate instant tax statements for your reportable sellers. And send these statement via automated emails to your sellers
Centralized online tooling to truly meet all DAC7 needs from one place. Seller due diligence, seller communications, report generation and sharing with authorities
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Supplied offers personalised consultations to help you understand what DAC7 means for your business.
Automated, instant KYB/KYC and Tax solutions in a custom drag & drop flow builder. To collect all required DAC7 info and more wither during OR post onboarding. This meets all DAC7 Due Diligence requirements
Supplied has an easy to use .csv to .XML converter tool that allows you to generate a DAC7 compliant XML file.
If desired, Supplied can generate and submit the .XML file directly to the applicable tax authority via an end-to-end solution.
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Product
Features
