DAC7/MRDP

Reporting obligations for platform operators

Council Directive (EU) 2021/514 (DAC7) requires platform operators to collect and report information on registered sellers using their platforms to earn consideration. This applies whether the reportable sellers are individuals or entities and are resident, or rent immoveable property, in the European Union (EU).

The Model Reporting Rules for Digital Platform Operators (MRDPs) are a similar framework. It only applies where the reportable seller is resident in, or rents immoveable property in, a partner jurisdiction, outside the EU. 

Platform operators reporting in Ireland are obliged to provide Revenue with the following details in respect of all reportable sellers:

• Identifying details such as name, address and Tax Identification Number (TIN).
• The total consideration paid, or credited, to them during each quarter of the reportable period.
• The number of activities that took place during each quarter of the reportable period.
• Any fees, commissions or taxes withheld, or charged, by the reporting platform operator during each quarter of the reportable period.
• Their financial account identifier, if available.
• Where different from the name of a reportable seller:
  • the name of the holder of the financial account to which consideration is paid or credited, to the extent available
  • any other financial identification information available to the reporting platform operator
  • and
  • each Member State, or partner jurisdiction, in which the reportable seller is resident.

Currently, Ireland has three partner jurisdictions under the MRDP. These are Canada, New Zealand and the United Kingdom (UK).

Only information on relevant activities carried out relating to immoveable property and personal services should be collected in respect of sellers resident in New Zealand.

Note

All Irish-based platform operators are obliged to register even if they are not Reporting Platform Operators. Excluded platform operators must register and file an annual ‘Nil Return’ through the Revenue Online Service (ROS).

Next: Equivalence mechanism applying to non-union platform operators