If you are a creator based in the European Union (EU) selling personal services on Chaturbate, a European tax directive called DAC7 requires us to collect, verify, and report certain tax and income information to EU tax authorities. Although DAC7 reporting requirements started for tax year 2023, since that time, we have been in a dialog with EU tax authorities to ensure that, as a US-based platform, we are taking into appropriate consideration the privacy obligations we have to EU creators and that we establish the bare minimum of information that should be reported. We are now in a position to move forward with reporting information required by DAC7, beginning with tax year 2023, and going forward future years will be reported by 31st January each year for the prior one.
What is DAC7?
DAC7 is an EU tax transparency regulation. It requires digital platforms (like Chaturbate) to automatically report the income and tax information of EU-based creators who earn money by providing "personal services" or selling goods on the platform.
Does this apply to me?
This applies to you if both of the following are true:
- You are a resident of an EU member state, or your business is registered in the EU.
- You earn money on Chaturbate by selling personal services (e.g., private shows) or digital goods.
What information will you collect?
To prepare DAC7 reports for each year, we will ask you to provide or verify:
- For Individuals: Full name, primary address, date of birth, and your Tax Identification Number (TIN) issued by your home country.
- For Businesses: Legal business name, registered address, business registration number, and VAT number (if applicable).
- Financial Info: Total earnings generated through Chaturbate and your payout bank account details.
What do I need to do right now?
Accounts subject to DAC7 reporting requirements will need to provide or update tax information. We are currently rolling out a new tax information collection form. If your account needs additional tax details, you will receive a notification when the form becomes available to you.
I’m no longer on Chaturbate. What is the minimum information you need for historical reporting?
For historical reporting, users will only need to provide payee information and tax information. They do not need to add new payout info if they are not going to receive future payments.
How will I know what is being reported for DAC7?
Before any DAC7 information is submitted to the relevant tax authorities, we will email you a password-protected PDF containing the details that will be reported. This will give you the opportunity to review the information in advance and ensure it is accurate.