| What do you have to do? | When should the information requiered be provided? | What happens once the DAC7 form is completed? |
|---|---|---|
If you are a Wallapop user who is a seller and who meets at least one of the DAC7 criteria, we will contact you and ask you to provide certain information on a form, which is located in the Settings > Your legal information section of your Wallapop account profile (“DAC7 Form”). |
Any user who has received a request to provide the information required in the DAC7 Form has 60 calendar days from the day of the initial request to do so. If you have done it before, you must review that everything is still correct, and confirm it if necessary. |
During the month of January of the following year, as applicable, we will communicate the information required by DAC7 regulation (including the information you provided in the DAC7 Form) to the Spanish tax authorities, and you will also have a copy of it. |
What information does Wallapop need from you?
If you sell on Wallapop as an individual:
- Full legal name (as it appears on your TIN).
- Address where you usually live.
- Tax identification number (TIN) and country of its issuance.
- VAT identification number (if you have one).
- Birth date.
- Birthplace (including city and country), if you do not have a TIN.
If you sell on Wallapop as an entity:
- Legal name.
- Registered Office Address.
- Tax identification number (TIN) and country of its issuance.
- VAT identification number (if you have one).
- Business registration number.
- Identification of the permanent establishments in the European Union from which sales are made through Wallapop and the member states of their location.
What information does Wallapop report to the Spanish tax authorities?
On one hand, we report the information required in the DAC7 Form. In addition to the information required in the DAC7 Form, we must also report other information required linked to your Wallapop user account, as well as to the information you provided, such as:
- Countries of residence.
- Financial account identifier* to which the money from the sales was received.
- Financial account holder*.
- Money received and number of sales for which it was received, during each quarter of the calendar year for which the information is reported.
- Fees, commissions, or taxes withheld or charged by Wallapop during each quarter of the calendar year for which the information is reported.
In some cases, we may ask you to provide more documentation, such as:
- An official identification document.
- A recent document providing your tax residence.
‼️ Please note that the information we report is the latest information held in our systems as at 31 December of each reportable year. |
In the year that you meet at least one of the DAC7 criteria and your DAC7 Form is completed, you will be able to download a copy, so you know what information we report to the Spanish tax authorities. You can download it by going to Settings > Your legal information > Documents in your Wallapop account profile.
Likewise, you can consult the information regarding the sales made and the money received in the Sales > Competed section.
| ‼️ *”The financial account identifier” that we report corresponds to the electronic wallet identification number. The electronic wallet holder that we report is the last one held in our systems as at 31 December of each reportable year. |
Finally, you should bear in mind that the Spanish tax authorities may communicate this information to other competent tax authorities.
How to complete de DAC7 Form
- If completing any required information is necessary, a notification will be sent via email.
- This information can be completed by clicking on the link provided in the notification received, or by accessing Settings > Your legal information in your Wallapop account profile.
-
Fill in the fields with the information required and save it.
Remember: the DAC7 Form must be completed within 60 calendar days from the initial request. - Once the DAC7 Form has been completed with the required information, this data, along with other information, will be reported to the Spanish tax authorities in accordance with applicable regulations. Furthermore, it should be noted that the Spanish tax authorities may communicate this information to other competent tax authorities.
Here are some important details for filling in your information:
- Date of birth: you must enter the date of birth in the “year-month-day” format, separating the numbers with hyphens. For example: "1976-11-23".
- Tax ID number (TIN): if you fill in the form as an “individual”, you must indicate your tax identification number (TIN). If you are Spanish, you must indicate your DNI, as it is the same number.
- Individuals with NIE: you must provide your NIE in the “Tax identification number” field and select Spain in the "Country of issue” field.
‼️ In some cases, you may not able to edit the information on the DAC7 Form. If you detect an error that needs to be corrected, you can contact our customer service team via the following link. |
Deadline to provide the required information
As mentioned in step 3, you must provide the required information within 60 calendar days from the initial request. We will send you several more reminders.
We want to make sure you continue to enjoy the Wallapop experience, so please share the required information with us within the indicated period.
What happens if you do not provide the required information in the DAC7 Form?
If after 60 calendar days have passed since the initial request and you have not yet provided us with the required information, we will apply some restrictions to your Wallapop account. Although you will still be able to buy, post and sell products, you will not be able to:
Withdraw money from your wallet to your bank account
Pay using your wallet balance
Furthermore, other restrictions may be applied to your Wallapop account in the future.
These restrictions applied will be removed from your Wallapop account as soon as you provide us with the required information.
Also, please note that the authorities may take other measures if you do not provide us with the information we need on time, or if you give us wrong, incomplete or incorrect information.
How will Wallapop process the information required by the DAC7 regulation?
Wallapop, S.L.U., as the data controller, will process the information required by the DAC7 regulation in order to comply with the legal obligations derived from DAC7. Wallapop will communicate this information to the competent tax authorities when appropriate. You can access all the information regarding the processing of your personal data, as well as information on how to exercise your data protection rights, in our Privacy Policy.