Should income from sales of goods on the Internet be reported?

Do you occasionally sell goods?

As part of managing your private wealth, if you sell goods occasionally (a stroller, a jazz record collection, a former television), the income from those sales is not taxable. So you won't have to report them to the tax authorities.

The income from occasional sales is taxable in special cases:

• you have sold precious or precious metals, jewelry, works of art, collectors' items or antiques for which the sale price is more than €5,000. You are then subject to the flat-rate tax on precious metals which you must pay in the month of the assignment by means of printed document no 2091 ;
• you sold a property with a value greater than €5,000 (out of furniture, household appliances or motor vehicles which are exempt). You are then subject to the system of taxation of capital gains from the disposal of movable property at the rate of 19%, which you must fulfill through the form 2048-M.

Buying or manufacturing goods for resale? (professional activity)

Income from goods you have purchased or manufactured for resale is taxable, and your income must be reported to the tax authority. Your tax system depends on the amount of your revenue.

If your annual revenue is less than €176,200, you can choose either the micro BIC scheme or the actual regime .

If your annual revenue is more than €176,200, you are automatically subject to real speed

Passing on your revenues through collaborative platforms

Since 2020, online marketplaces and platforms, wherever they are located, must send, by 31 January each year, a statement of the transactions carried out and the gross amount received as such, to each of their users and to the tax authorities.

If you received revenue through these platforms in 2020, you need to check if it is taxable. In that case, you have to declare them. If you declare online, you will be presented with a message during your declaration journey to support you.