DAC7: what data do you report, and why?

It’s required by the Act on the exchange of tax information with other countries, which implements the EU DAC7 directive. Once a year we report professionals’ data to the Head of the National Revenue Administration (KAS). This applies to every professional, whatever the amounts, the level, or whether they run a business.

When we ask and for what

With your first contract, that is, the first time a client chooses you:

• first name and surname or business name, and address;
• PESEL (Polish national ID number) or NIP (tax ID), your VAT number if you have one, and for a company, its register number;
• date of birth and bank account number;
• a statement whether you act as an entrepreneur.

On top of that come the amounts from contracts in each quarter, net, meaning after our commission is deducted, and the commission collected.

What happens next

• By 31 January we report the information for the previous year and send you a copy.
• We keep the data for 5 years from the end of the year in which the reporting deadline passed.

If you don’t provide the data

We’ll remind you twice. 60 days after the first request, we suspend sending offers until you complete the data. This is a statutory requirement, not a penalty, and it doesn’t affect your account status.

Reporting the data doesn’t create a new tax. We don’t give tax advice. More: Taxes and DAC7.