DAC7

DAC7 is an abbreviation for 'Directive on Administrative Cooperation 7'. This new European directive requires Floriday, as a platform, to collect and pass on information to the tax authorities. This involves the selling of trade items and information about the selling party. European governments then share this data with each other. By working so closely together, efforts are thus being made to prevent tax fraud.

In recent years, digital platforms have experienced significant growth, leading to reduced government oversight of their activities. As a result, entrepreneurs offering products or services through these platforms may not pay sufficient tax on their income. DAC7 aims to provide more transparency around this. This will ensure fair competition between companies that do fulfil their tax obligations and those that do not.

From 2024 we report on all European-based Floriday sellers who traded through Floriday in 2024 and meet the following conditions are reported:

• More than 30 trade items sold in 2024
• Minimum €2,000 turnover per year.

Turnover includes all orders initiated by the purchasing party on Floriday or orders that originate from the software package or webshop linked to Floriday. Similarly, this applies to all turnover that is offered to Royal FloraHolland for settlement via Floriday or the own software package linked to Floriday.

The following data are submitted to the tax authorities:

• First and last name or legal name of the seller
• The seller's main address
• The seller's date of birth (if applicable)
• The seller's VAT identification number
• The identifier code of the seller's financial account
• The seller's tax identification number (BSN, RSIN) indicating the Member State where it was issued
• The seller's company registration number (if applicable)
• The existence of a permanent establishment in the EU from which products are sold through Floriday
• Total consideration paid or credited per quarter
• The number of relevant activities paid or credited
• Any fees, commissions or taxes withheld or levied by the reporting platform operator

The 2024 data has been submitted to the Tax Office by 31 January 2025. This operation is carried out by Royal FloraHolland and does not need to be carried out by the seller.

The data reported is present in Roya FloraHollland's financial dataset. You don't have to do anything yourself for this. Royal FloraHolland informs each selling party whose data is supplied. Should your details be submitted to the Tax Administration, you will receive notification of this from Royal FloraHolland.

More information on the DAC7 regulations can be found on the Tax Administration website. For questions about this, you can also always contact your account manager or Royal FloraHolland's Customer Contact Centre at 088 789 89 89 or contactcenter@royalfloraholland.com.