Navigating the rapidly evolving world of tax compliance and regulations is no easy feat. When the Organisation for Economic Co-operation and Development (OECD) initiated new guidelines to tackle the unreported income in the ever-growing gig economy, the EU responded with DAC7. This latest regulation aims to standardize reporting mechanisms for online earnings, creating a ripple effect for those who run online marketplaces across the globe.
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Q: I want to jump into the DAC7 product, but I think starting by setting some context is essential. What is DAC7? And where are these DAC7 rules coming from?
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Q: How does Trolley’s new DAC7 Compliance product help solve this?
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Q: What inspired you to prioritize this feature set over others?
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Q: Tell me a little bit about the validation and advice that Trolley received to build this product.
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Q: How will this specifically improve the end-of-year tax experience for Trolley customers in Europe or those working with sellers based in Europe?
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Q: What advice do you have for companies unsure if DAC7 applies to them and those who want to build a solution in-house?
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Embracing Tax Compliance Evolution with Trolley’s DAC7 Product
Source: trolley.com
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