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How to Report Income from Business Operations on Online Platforms?

  • The Financial Administration of the Republic of Slovenia will receive data on revenues generated through online platforms in 2023.
  • Directive DAC7 requires reporting of sellers who generate income through platforms for renting real estate, personal services, selling goods, and renting any form of transportation.
  • The Financial Administration will receive data from platform operators about sellers who have generated income through their platform.
  • It is important for those who generate income through online platforms to properly report their earnings, as the data will be used for tax audits.
  • Income from operating through online platforms is considered business income and should be reported accordingly.
  • The Financial Administration will receive identification data, information on fees, commissions, taxes, and the number of activities performed from platform operators.
  • It is necessary to register the activity properly if operating through online platforms, otherwise it is considered illegal work.
  • Steps to register the activity include registering with the Business Register of Slovenia and ensuring compliance with legal requirements.

Source: gov.si

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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