Governments in some countries have implemented rules to track income generated by sellers on digital marketplaces. These rules help ensure that individuals meet their tax obligations. As a result, we are legally required to:
Collect Tax Identification Numbers
The specific identification number required varies by country.Report Seller Activity
We must report certain financial information about sellers who exceed thresholds for sales volume or transaction count in a calendar year.
What Information Is Reported?
The details we may report to tax authorities include:
Total transaction volume and number of transactions.
Your tax identification number (if required).
Basic account information, such as your name and country.
We do not share unnecessary personal details or sensitive data beyond what is required by law.
Only certain members exceeding thresholds will be required to supply their tax identification number, and we will reach out to you if this is the case.
How Do We Protect Your Data?
We understand the importance of safeguarding your personal information. Here’s how we ensure your data remains secure:
Encryption: Your tax ID is encrypted before storage in our systems.
Strict Access Controls: Only authorised personnel can access sensitive information.
Compliance with Privacy Laws: We comply with GDPR and other applicable privacy regulations to protect your data.
What Happens If I Don’t Provide My Tax ID?
If you exceed the reporting thresholds and do not provide your tax ID:
Your listings may be removed from the platform.
You may be unable to sell items until the required information is provided.
Need Help?
If you have any questions about why we need this information or how it’s used, please reach out to our support team. We’re here to assist you and ensure that you can continue to enjoy using our marketplace while staying compliant with legal requirements.