This discussion revolves around the implications of the DAC7 directive for UK-based webcam models. Participants are trying to clarify which platforms will be required to report their earnings to UK tax authorities under this directive.
There is confusion about whether platforms like OnlyFans, which are UK-based, will report income under DAC7.
SkyPrivate, despite assumptions about its EU location, is clarified to be based in Latin America and is not subject to DAC7 reporting.
Only platforms with a physical presence in the UK, such as OnlyFans, are expected to report earnings under DAC7.
Most other platforms, being based in Europe or the USA, are not required to report UK earnings under DAC7.