DAC7 Compliance FAQ

DAC7 Compliance FAQ

What is DAC7?
DAC7 is a new European Union regulation requiring online platforms to report specific user information to tax authorities. This regulation applies to all independent performers and European studios using our platform.

Why do you need my information?
Under DAC7, if you are a European resident, we must collect and submit specific information about performers subject to taxation within the EU. This ensures transparency and compliance with EU tax regulations.

What information will be collected?
The information collected includes identification details such as your legal name, address, tax identification number (TIN or Codice Fiscale in Italy), and any other necessary information outlined in the DAC7 guidelines.

How will my information be used?
Your information will only be used for compliance with DAC7 requirements. It will be reported to the relevant EU tax authorities as mandated by law and handled per data privacy regulations.

When and how should I provide this information?
We will begin collecting this information at the end of November 2024. You will receive instructions for securely submitting your details when you log in. We won't be disclosing the nature of your activities on the platform; we just issued payments based on the information you gave us.

Will a report be sent to the authorities after each payment? Or will it be annual?
On January 31, 2025, a file covering 01/01/2024 to 12/31/2024 will be sent. The data in this file will be divided into quarters.

Future filings will be sent quarterly. For example, the filing submitted on 04/30/2025 will cover the period from 01/01/2025 to 03/31/2025.

Do I have to fill in the information even if I convert my earnings into tokens?
Yes, you still need to fill out the requested information even if you convert your earnings into tokens, as tokens are still considered a payment method.

What happens if I don’t provide the required information?
Starting from January 2025, any Independent Performer or Studio who fails to provide the required information will not be able to receive payments. It is essential to provide this information, so you don't have to worry about payment.

Please Note: This also includes cash to tokens. While it is not included in the information we must submit, it is still a payment method and will be blocked unless we have the correct information on file.

Who should I contact if I have additional payment questions?
Contact our payment team: payments@cam4.com

Where can I find my Tax Identification Number (TIN)?

• Tax Documents: Look at your previous tax returns or official tax documents, as the TIN is often listed there.
• Government-issued Letters or Notices: Check any correspondence from your country’s tax authority (e.g., IRS in the U.S., HMRC in the UK, or AEAT in Spain).
• Payslips or Employment Records: Employers often include your TIN on payslips or year-end tax forms, such as W-2 forms in the U.S. or P60s in the UK.
• Bank Statements or Financial Documents: Some financial institutions use your TIN for tax reporting purposes and may display it on certain documents.
• Tax Authority’s Online Portals: Many countries allow individuals and businesses to access their tax information online. You may need to log into your local tax agency’s website.
• Contact Your Tax Authority: If you are still looking for it, contact your local tax office or agency for assistance. You may need to verify your identity.
  
  

Here is a guide on where to find the Tax Identification Number (TIN) in each of these countries:

Country	TIN or Equivalent	Location
Austria	ATIN / St.Nr.	Found on tax assessment notices (Steuerbescheid) and income tax returns. It can also be located on payroll slips or correspondence from the tax office.
Belgium	Numéro National - NN	Printed on the back of your Belgian ID card. It also appears on social security documents and tax filings.
Bulgaria	ЕГН	This is your Unified Civil Number, found on your Bulgarian ID card (Лична карта).
Croatia	OIB	Your Personal Identification Number is found on ID cards, official documents, and tax forms.
Cyprus	TIC	Located on tax assessment notices, tax returns, or any official correspondence from the Tax Department.
Czech Republic	DIČ / Rodné číslo	Rodné číslo: Found on ID cards, birth certificates, and tax returns. DIČ: This is issued for tax purposes and appears on tax documents and invoices.
Denmark	CPR - Personal ID Number	Located on your yellow health insurance card (Sundhedskort) and official documents.
Estonia	IK - Isikukood	Located on your ID card, passport, or any official document.
Finland	Henkilötunnus - HETU	Located on your Finnish ID card, passport, or official correspondence.
France	NIF	Located on your tax assessment notice (avis d’impôt) or tax returns.It often begins with “FR” and a series of numbers.
Germany	Steuer-ID	Printed on your tax assessment notices (Steuerbescheid) and income tax returns. Also, sent in an official letter when you register with the local tax authority
Greece	AFM	Found on tax returns, receipts, and official documents. Issued by the local tax office (DOY).
Hungary	Adószám	It is located on the Hungarian tax card (Adókártya).
Ireland	PPS Number	It is on your PPS card, payslips, or official tax documents.
Italy	Codice Fiscale - CF	Printed on the Italian ID card, health card (Tessera Sanitaria), and all tax documents.
Latvia	PVN	Found on official tax returns or issued tax documents.
Lithuania	PVM / AK	PVM: VAT number for businesses. AK: Found on ID cards or official documents for individuals.
Luxembourg	IN	Located on official tax notices, pay slips, or social security documents.
Malta	ID Number	Found on the Maltese ID card.
Netherlands	BSN - Burger Service Nummer	Printed on your ID card, passport, or payslip.
Poland	PESEL / NIP	PESEL: Found on your Polish ID card or passport. NIP: Issued by the tax office and found on tax documents.
Portugal	NIF - Número de Identificação Fiscal	Printed on your Portuguese tax card, tax returns, and official correspondence.
Romania	CNP / CIF	CNP: Found on ID cards or birth certificates. CIF: Used for businesses and located on tax documents.
Slovakia	RC - Rodné číslo	Located on Slovak ID cards or birth certificates
Slovenia	RC - Rodne številke	Printed on Slovenian ID cards, passports, or tax documents.
Spain	NIE / DNI / NIF	DNI: Printed on Spanish national ID cards. NIE: Issued to foreigners and found on residency documents. NIF: Used on tax returns and official documents.
Sweden	Personnummer - PN	Found on your Swedish ID card, tax returns, and correspondence with the Swedish Tax Agency (Skatteverket).

Click here for more information about the new European regulation.

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