Did you get anything for over $1,000 on OLX? The fiscal board already knows that and may call for payment

No more anonymity erstwhile buying on popular online platforms. The implementation of the EU DAC Directive7 gave the taxation Office a powerful tool to scan transactions between Poles. Are you selling or buying on OLX, Vinted or Facebook Marketplace? Your data may already be in the hands of the taxation collector. peculiar vigilance must be maintained by buyers on whom there is simply a taxation trap many do not know about. Overshooting the magic amount of PLN 1000 erstwhile buying from a private individual gives emergence to an obligation, which ignoring can cost up to PLN 90 thousand.

IRS algorithms are already analyzing millions of transactions, automatically typifying those that require a tax. What utilized to be virtually impossible to track has become a regular control today. If you have late purchased a utilized bike, smartphone, furniture or even a race cat from a natural person, this article is for you. We explain who, erstwhile and how they must pay the taxation to avoid the severe financial consequences.

The DAC7 directive, or fiscal, looks at your purchases

The key change that has opened the door to transactional data to taxation authorities is the implementation of the EU DAC Directive7. Under the fresh rules, digital platform operators specified as OLX, Vinted, Allegro or Facebook Marketplace, are obliged to collect and automatically transmit sales information to the National taxation Administration. Persons who carry out at least 30 transactions during the year or erstwhile the full amount of their sales exceeds EUR 2000 shall be reported.

Although the reporting work applies to the sellers, the consequences of this transparency hit buyers ricochet. The tax, having detailed data on the transactions on specified a basis, can easy verify whether the taxation due on the purchase-sale contract has been paid. The scale of the phenomenon is enormous. Analysis of the OLX portal itself indicates that since the beginning of the year it has appeared there over 1.24 million announcements from private individuals with a price above PLN 1000. Each of these transactions is possibly on the radar of the office.

The PCC taxation trap. erstwhile do you gotta pay 2% of the purchase?

The biggest threat to unconscious buyers is the civilian law (PCC) tax. The work to pay it arises erstwhile we buy a utilized item from another natural (private) person, and the marketplace value of the item exceeds PLN 1000. The taxation rate is 2% of the value of things. What matters is not necessarily the price at which we bought the item, but its real marketplace value. If we occasionally buy a laptop worth PLN 3000 for PLN 800, the taxation work does not arise. However, if we buy the same laptop for PLN 1100, taxation of PLN 22 (2% of PLN 1100) we gotta pay.

This work applies to a wide scope of subjects, from electronics, furniture, bicycles, to works of art or even animals from private breeding. It is crucial to remember that the work to pay PCC taxation rests entirely on the buyer. The seller has no obligations in this process. It is the buyer who must study the transaction to the office and pay the claim.

How do you separate a private seller from a company? It's crucial.

It is essential to establish the position of the seller. The work to pay PCC taxation applies only to transactions between 2 natural persons. If we buy the goods from a company, even on a platform like OLX, we don't gotta pay the PCC tax. In that case, the product price already includes VAT and the seller is liable for its settlement.

Unfortunately, distinguishing a private seller from a company is not always easy. While the Allegro platform has introduced a clear division into corporate accounts and sales within Allegro Locally, on the another hand OLX, Vinted or Facebook Marketplace the situation is little clear. In order to avoid confusion, you should carefully examine the profile of the seller, check the number and kind of items he issues, and, in case of doubt, ask straight about the legal status. acquisition from the company is always safer from a PCC perspective.

You have 14 days to pay. How to complete the formalities?

If you have purchased a PCC that meets the criteria for taxation, you have exactly 14 days from the date of conclusion of the contract (i.e. most frequently from the date of purchase) to settle receivables. Fortunately, the procedure is full digital and does not require a visit to the office. simply log in to the e-IRS strategy utilizing the Trusted Profile, electronic banking or mCitizen app.

Then complete and submit electronic a form called PCC-3. In the declaration, we give details of the buyer and seller, describe the subject of the transaction and its marketplace value, on which we charge 2% of the tax. After submitting the form, the strategy will make the data for the transfer, which can be implemented immediately online. The completion of these formalities in time guarantees calmness and no problems with the tax.

Even a fine of PLN 93,000. Fiscus won't be lenient.

Ignore the work to pay PCC taxation is simply a very bad idea. Failure to submit a PCC-3 declaration and failure to pay dues on time is treated as a taxation offence and, in the case of larger amounts, even as a taxation offence. The taxation office, which thanks to data from digital platforms can easy track specified a transaction, will call us to pay the outstanding taxation with accrued interest on late payment.

But that is not all. A severe fine may be imposed on the taxpayer. Her amount depends on the minimum wage. The punishment may amount to 1 tenth of the minimum wage (now from approx. 466 PLN) until 20 times. This means that the maximum fine the office may impose, exceeds 93,000 PLN. In the face of specified advanced sanctions and the ease with which the fiscal can detect irregularities today, the hazard is simply not profitable.