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.
PAYOUTS FOR CREATORS & THE CREATOR ECONOMY
An unmatched creator payout experience
Content has defined a whole new economy. Businesses aiming to compete there need to treat creators like the first-class citizens they are. Trolley is dedicated to payouts, focused exclusively on keeping your content partners happy.
“Trolley helped us launch our new marketplace for our global artist community in record time. Thanks to Trolley, we were able to offer [better] payouts than our competitors right out of the gate.”
Leonard Teo, Founder of ArtStation —
Upgrade your payouts in minutes
From quick no-code solutions to developer-level integrations, Trolley lets you deploy a ready-to-go payouts solution directly into your platform.- Skip integration & point creators to the fully brandable, Trolley-hosted portal.
- Embed the mobile-responsive widget into your platform.
- Build custom integrations and workflows via our RESTful-API.
Offer full payment flexibility
With the most payment options in the market, Trolley helps you elevate the payouts experience for creators around the world, using the currencies and payment methods they prefer.- Pay creators in over 215 countries with low FX rates.
- Use your existing PayPal account at no additional cost.
- Consolidate micro-payments into single pay runs without losing data.
Streamline tax season
A pain-free end of year takes tax knowledge and development finesse. Trolley can help simplify your whole tax workflow, from W-8/W-9 collection to IRS reporting forms.- Automate W-9 & W-8 BEN collection for new creators.
- Maintain IRS compliance with line-item level payment categorization.
- Produce & distribute 1099 & 1042-S forms from Trolley.
A single platform to fuel your growth
Trolley is on-brand
Offer a seamless look & feel. Every stage of the recipient experience (portal, widget, emails) can be branded with your colors and logos to build your reputation, not ours.
Trolley is flexible
Make payment easy. Trolley offers the most options for your contractors (Bank transfers [ACH/EFT/SEPA], PayPal, SWIFT wire), keeping your contractors paid & happy.
Trolley is borderless
Don’t miss out on opportunities because of geography. Localized in 38 languages and paying to 215+ countries, your talent pool just got a whole lot deeper.
Trolley is secure
We take security very seriously. Hosted on AWS (SOC 1, 2, & 3 + ISO 27001/27018), Trolley uses end-to-end 256-bit SSL bank-level security, & requires 2FA for all users.
Trolley is privacy-compliant
We know data management best practices and regulations. Did you know, we're GDPR, CCPA, PIPEDA, DPA, & the EU-U.S. Privacy Shield Framework compliant?
Trolley is backed by top investors
We're backed by some big names in FinTech. Trolley's investors include former PayPal President Scott Thompson and investment firms Pace Capital & GreenSky Capital Inc.
Creator payouts run smoother with Trolley
Don’t just take our word for it, check out how much our customers love Trolley.
