Taxbit currently supports MRDP/DAC7 Reporting in the following jurisdictions.
- EU (DAC7)
- Ireland
- Hungary
- Cyprus
- Romania
- Czech Republic
- Slovakia
- Canada (CA)
- United Kingdom (GB)
- New Zealand (NZ)
- Netherlands (NL) – Coming Soon
See below for the specific thresholds related to the jurisdictions above –
| Income Type | Reporting Jurisdiction | Threshold |
| Services | All of the above | 1 or more quarters with a non-zero value |
| Goods | EU and United Kingdom |
One of the following must be true:
|
| Canada |
One of the following must be true:
|
|
| New Zealand | Goods are not reportable |
Deadlines
See below for all of the deadlines relevant for MRDP/DAC7 reporting.
-
January 31st
- Recipient copies must be issued to recipients in the EU, Canada, and the United Kingdom
- XMLs must be filed with the EU, Canada, and the United Kingdom
-
February 7th
- Recipient copies must be issued to recipients in New Zealand
- XMLs must be filed with New Zealand
Resources
For more information related to MRDP/DAC7 Reporting, see below –