Inside DAC7: The EU’s Newest Tax Directive & Its Implementation Status [March 2023]
The EU’s newest tax directive, DAC7, which applies as of 1 January 2023, imposes new obligations on online marketplaces that have sellers based in the EU.
Discover how Trolley helps innovative customers pay out their contractors and stay tax compliant.
The EU’s newest tax directive, DAC7, which applies as of 1 January 2023, imposes new obligations on online marketplaces that have sellers based in the EU.
Jordy Cohen, our Sr Director of Sales, walks us through his journey at Trolley. He discusses his process of building a sales team that represents and supports the diverse communities we serve.
The EU’s newest tax directive, DAC7, which applies as of 1 January 2023, imposes new obligations on online marketplaces that have sellers based in the EU.
Jordy Cohen, our Sr Director of Sales, walks us through his journey at Trolley. He discusses his process of building a sales team that represents and supports the diverse communities we serve.
Nexus is a monetization platform that lets video game streamers and influencers sell games directly to its viewers. Every sale from a gamer’s shop entitles them to commissions, making a seamless seller-payout experience critical. After integrating Trolley, Nexus streamlined its payouts and end-of-year tax processes, saving hundreds of hours of manual work each year.
It was vital that any payouts platform we chose would minimize fees for creators, especially international payees. That’s a big reason we went with Trolley; it’s imperative that we help our community earn a living doing something they love.
“One of the most important things we do is help our content creators make a living; it’s core to our mission."
— Justin Sacks, CEO and co-founder of Nexus
"Before Trolley, our finance, partnership, accounting, and dev teams spent a ton of time gathering info just to communicate about payouts. Trolley gives our community the tools they need to track their payments themselves, so we can focus on building for our customers.” — Jack Inscoe
“We love Trolley’s clean onboarding experience for our content creators. They also handle tax form creation, so we spend almost no time managing sensitive creator information." — Jack Inscoe
Trolley is clearly the future. If your business or platform has anything to do with creators, nothing comes close to how well Trolley handles the headache of payouts and tax upkeep. Great software, great team, great vision.
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