On January 1, 2023, the Act on the Obligation to Report and the Automatic Exchange of Information of Reporting Platform Operators in Tax Matters (Platform Tax Transparency Act – PStTG) came into force.

https://www.bzst.de/EN/Businesses/DPI_DAC7/Procedure/procedure_node.html

Who is affected by the new DPI/DAC7 law? #

The DPI/DAC7 applies to all EU-residents on Picarto.TV who earn money from our Services like Subscriptions, Kudo donations or the Commission system.

If you are a resident in one of the 27 EU Members States and if you have a income which needs to reported.

It effects you if

• You have a registered office (legal entity) or residence (natural persons) in this EU Member State
• Your tax identification number was issued by this EU Member State
• If you have a permanent establishment is located in this EU Member State

If your primary address is in one of the EU Members States the Company 3Logic Systems GmbH which operates Picarto.TV is required to to share data about you including your reportable income, with the tax authorities in the EU.

if your primary address is not located in one of the EU Member State, than this law does NOT apply to you.

Which data is required and will be shared to the EU tax authorities? #

For individuals:

• Your Fullname
• Address
• Date of Birth
• Amount paid by your Picarto members
• Amount of Income / Revenues you got through Picarto.TV
• Amount of Fees you paid to Picarto.TV
• Paypal E-Mail Address
• Name of the Paypal account holder
• VAT registration number, if available
• TIN
• Place of Birth if TIN not available

For Companies and businesses:

• Company or legal name
• Company address
• Company registration number
• Tax identification number
• VAT Number
• Amount paid by your Picarto members
• Amount of Income / Revenues you got through Picarto.TV
• Amount of Fees you paid to Picarto.TV
• Paypal E-Mail address
• Details about where the company has a permanent located and through which activities are carried out in the EU.

What does count as a income on Picarto.TV? #

As an income or revenues counts:

• Revenues from Subscriptions on Picarto.TV
• Revenues through Kudos donations
• Revenues through the Picarto Commission System

In which countries does the DPI/DAC7 law apply? #

The law applies to all residents of the 27 EU Member States.

The current EU States are:

• Austria
• Belgium
• Bulgaria
• Croatia
• Republic of Cyprus
• Czech Republic
• Denmark
• Estonia
• Finland
• France
• Germany
• Greece
• Hungary
• Ireland
• Italy
• Latvia
• Lithuania
• Luxembourg
• Malta
• Netherlands
• Poland
• Portugal
• Romania
• Slovakia
• Slovenia
• Spain
• Sweden

Links and sources:

BZST – Federal Central Tax Office  https://www.bzst.de/EN/Businesses/DPI_DAC7/Procedure/procedure_node.html

European Commission Section Finance
https://finance.ec.europa.eu/financial-crime/eu-context-anti-money-laundering-and-countering-financing-terrorism_en