What is DAC8?
DAC8 is an EU directive that introduces new tax reporting obligations for crypto-asset service providers. Its goal is to improve tax transparency by requiring certain transaction data to be reported to participating tax authorities.
When does DAC8 apply?
DAC8 applies from January 1, 2026.
How does this relate to Bitrefill?
Under DAC8, companies that provide crypto asset services (aka "RCASPs", or "reporting crypto asset service providers") will be required to report certain user and transaction information to tax authorities.
While Bitrefill does not provide crypto asset services (and therefore DAC8 reporting does not apply to purchases made at Bitrefill.com), the entities we partner with to offer the Bitrefill Card in the European Union do, and are therefore covered by these reporting obligations.
Are Bitrefill Card transactions affected?
The transposition of the directive is still ongoing, so information on implementation is subject to change. As far as we can tell, transactions involving crypto made in the context of the Bitrefill Card (namely, the top-up of the card with crypto, which comprises an exchange into Euro) will fall within the scope of DAC8 reporting. This means that our partners will be obliged to report information related to those top-ups to their local tax authority, in Estonia.
According to the official website:
"RCASPs are required to collect information pertaining to transactions of their non-resident investors for the reporting year according to the customer due-diligence obligations of the directive. This information is sent by RCAS to their national tax authorities in the calendar year following the reporting year. The information is then exchanged with tax authorities of the EU country of residence of the non-resident investor within 9 months of the reporting year. Therefore, the exchanges relating to the first reporting year will take place by 30 September 2027."
What information may be reported?
Where required by law, reported information may include:
- Basic identification details, such as your name, address, country of tax residence, tax identification number (TIN), and date of birth.
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Aggregated transaction data — For each type of crypto-asset, this may include yearly totals such as:
- Amounts bought or sold
- Total value of transactions
- Number of transactions
This information is expected to be reported in aggregate, not as a detailed list of individual transactions.
Only information required by law is reported, and reporting applies primarily to EU tax residents, although it may include other participating countries outside of the EU.
Do users need to take action?
No immediate action is required from most users. However, some users will be prompted over the next months to complete their profile with information that must be collected under this new framework.
Also, users are responsible for understanding and complying with their local tax obligations.
Does this apply to all Bitrefill customers?
No. This only applies to Bitrefill customers that cumulatively have their tax residency in the EU (or other participating countries) and have a Bitrefill Card, and only in respect to crypto-related Bitrefill Card activity (e.g., crypto to EUR card top-ups). What you purchase with your Bitrefill Card in EUR is not covered by this reporting obligation.
Furthermore, your other purchases on Bitrefill.com (e.g. gift cards, eSIMs, phone top-ups) are not covered by this reporting obligation.
Does this apply to any other crypto services?
Yes. To the extent you are an EU tax resident using a duly licensed EU crypto-asset service provider, you should assume that such crypto-asset service provider will be reporting to their local tax authority about the aggregate amounts of your crypto activity.
Where can I learn more?
You can consult official EU guidance on DAC8 — here is the official website — or speak with a qualified tax advisor for advice specific to your situation.