If you use vinted or walpop you can get bad news and get into trouble. Be careful here.
Taxes on sale of objects used on platforms such as vinted, walpop or eBay are often unclear. It is important to know that there is a specific law that controls this type of trade and is not always free from the sales income tax.
If you use vinted, be careful about this details
If you sell occasionally some objects or clothing used on online platforms, such Usually it is not obliged to pay taxesThe However, there are some conditions that can make the VAT number and tax money as well as the possible fines can be necessary to open. A new law related to online sales from January 1 2023 has entered Italy. Sale platforms must contact the transactions made by users. This rule was introduced after the instruction The DAC7 of 2021, which forces the platforms to transmit the sale information to the users to the tax authority.
On the basis of the provisions of November 2023, the revenue agency establishes procedures and conditions
The Online platforms, including vinted, wallap, eBay, Amazon, ATC, Vestier Collective and AirBNB, are bound to send sales data made by their users. This obligation also applies to the sale of assets used.
If a seller excludes several transactions or earns a certain amount of a calendar year, Will have to fill in a form including your personal informationThe The conditions of filling the form are:
1 A calendar sell at least 30 a year;
2 Or a calendar earn more than 2,000 euros a year.
What happens when the threshold is not reached
Those who do not reach any of this quarter are not obliged to complete the form. For those who exceed one of the two boundaries, the form must include name and title, date of birth, address, tax code or VAT number. More The platform also contacts the revenue organization connected to the INAN account And the owner of the current account in addition to the amount obtained.
Online sales platforms are obliged to send sales data by December 31 per year. For 2023, however, the deadline extends up to 2024, the sale tax is not immediate; The earning agency will check the data to establish a VAT number you need to open. In Italy, it is mandatory to open the number of VAT when sales are uninterrupted and exceeded 5000 euros every year. Otherwise, if the sale is at times and is not higher than the established margin, then the income tax will not be required.
