Paxum, Payoneer - reporting accounts
 

Automatic exchange of (tax) information starts from 2016. All your worldwide bank accounts will be reported to the country of your residency. But what about e-wallets? Will it be shared too?

????????

I don't know ...

:party-smi

They are shared already when required by law. The only new thing is the fact that offshore tax havens will provide information to onshore countries under a wider variety of circumstances.

hide + evade

You got a Link?

They aren't banks:)

As far as we are aware this does not change how we currently operate. If anything does change our clients will be first to know.

As you all know you should be reporting all your income you make on your taxes including income you have with us.

Regards
Chris

This what payoneer says on their site:
Does Payoneer charge/report taxes?

Please note that Payoneer cannot be fluent in all tax related issues in each country, and you are therefore responsible for reporting to all applicable government tax authorities the earnings received and funded to your Payoneer Account. In addition, you are responsible for reporting the payments of any applicable local, state, province, and /or federal, domestic or international taxes that apply to such earnings.

Payoneer strictly adheres to all online payment regulations, and should a Payoneer Account holder be eligible/required to receive tax forms from Payoneer, we contact the account holder with additional information. We also recommend that you check with your Payoneer mass payout company for further information.


It doesn't sound like they report income. Source of your information?

Its better to pay your damn taxes and have no troubles !