EU-based Amazon sellers generating €2,000+ in sales or completing 30+ transactions annually must comply with the Directive on Administrative Cooperation—7th amendment (DAC7) by providing specific business information by October 1, 2023. This is crucial as it directly impacts your ability to operate on Amazon’s platform, with non-compliance potentially leading to account deactivation and fund withholding. It’s a regulatory requirement that ensures transparency and compliance with tax authorities, thereby maintaining the integrity of the marketplace and your business.
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