1.1 User Responsibility: Users of MiloAds.com are solely responsible for reporting and paying any taxes (including income tax, sales tax, or value-added tax) arising from their transactions on the platform, in accordance with the laws of their respective countries. 1.2 Portal Remittance: Where required by specific national laws, MiloAds.com will calculate, collect, and remit transaction-based taxes (such as VAT or GST) directly to the competent financial authorities.
2. EU DAC7 Compliance (Reporting Obligations)
2.1 Scope: Under the EU Directive 2021/514 (DAC7), digital platform operators are required to collect and report information on sellers who derive income through their platforms. 2.2 Data Collection: For sellers residing in the European Union who meet certain activity thresholds (e.g., more than 30 sales or a total consideration exceeding €2,000 in a calendar year), MiloAds.com is legally obligated to collect and verify tax identification numbers (TIN), business registration details, and total income earned. 2.3 Authority Reporting: This information is reported annually to the relevant EU tax authorities to ensure tax transparency and prevent tax evasion.
3. Brazilian LGPD & Tax Transparency
3.1 Compliance: MiloAds.com operates in full compliance with the Lei Geral de Proteção de Dados (LGPD) regarding the processing of fiscal data. 3.2 Reporting to RFB: In accordance with Brazilian law, transaction data and fees paid to the portal may be reported to the Receita Federal do Brasil (RFB) and other municipal or state authorities as required for fiscal auditing.
4. Mandatory 10-Year Data Retention
To comply with global accounting, audit, and tax transparency standards, MiloAds.com maintains a 10-year retention policy for all data related to financial transactions, invoices, and tax payments. This data is stored securely and cannot be deleted upon request if a legal retention period still applies.
5. International Trade & Export Control
5.1 Sanctions & Embargoes: MiloAds.com prohibits the use of its platform for transactions involving individuals, entities, or countries subject to international trade sanctions or embargoes (e.g., UN, EU, or US Treasury/OFAC sanctions). 5.2 Restricted Goods: Users must ensure that any goods offered for international sale do not violate export control laws or require unauthorized licenses for cross-border transport.
6. Information Sharing with Authorities
MiloAds.com reserves the right to share transaction and identity data with law enforcement or financial regulatory bodies if presented with a valid legal request or if required by automated reporting systems designed to combat money laundering or tax fraud.
By using our paid services or engaging in commercial activity on MiloAds.com, you acknowledge and consent to these tax and compliance reporting requirements.
