Tax Disclaimer - Finveri

Tax Disclaimer

Last Updated: January 9, 2025
⚠️ YOU ARE FULLY RESPONSIBLE FOR DECLARING AND PAYING YOUR OWN TAXES ON ALL EARNINGS OR PAYMENTS RECEIVED THROUGH THE FINVERI PLATFORM. ⚠️

Finveri does not provide tax advice, calculate your tax obligations, or remit taxes on your behalf. This disclaimer applies to all users regardless of their location or tax residency.

1. Your Tax Responsibilities

1.1 Income Reporting

If you receive payments through our platform, you must:

  • Report all income to your local tax authority
  • Keep accurate records of all transactions
  • Calculate your own tax liability
  • File appropriate tax returns
  • Pay any taxes due by the required deadlines

1.2 Record Keeping

You are responsible for maintaining records of:

  • All payments received through our platform
  • Dates and amounts of transactions
  • Any business expenses related to your activities
  • Documentation supporting your tax filings

1.3 Tax Compliance

You must comply with all applicable tax laws in your jurisdiction, including:

  • Income tax obligations
  • Self-employment tax (where applicable)
  • Value Added Tax (VAT) or Goods and Services Tax (GST)
  • Any other applicable taxes or duties

2. Platform's Role

2.1 What We Do NOT Do

Finveri does not:

  • Calculate your tax liability
  • Provide tax advice or guidance
  • File tax returns on your behalf
  • Remit taxes to any tax authority
  • Provide tax forms (except as required by law)
  • Act as your tax agent or representative

2.2 What We May Provide

We may provide:

  • Transaction records for your records
  • Basic account statements
  • Information required by law (e.g., 1099 forms in the US)
  • General platform usage data

2.3 No Tax Advice

  • Nothing on our platform constitutes tax advice
  • We are not qualified tax advisors
  • You should consult a qualified tax professional
  • Tax laws vary by jurisdiction and change frequently

3. International Considerations

3.1 Multiple Jurisdictions

If you operate in multiple countries, you may have tax obligations in:

  • Your country of residence
  • Countries where you earn income
  • Countries where you provide services
  • Any other relevant jurisdictions

3.2 Double Taxation

  • You may be subject to tax in multiple jurisdictions
  • Tax treaties may affect your obligations
  • Consult a tax professional about double taxation relief
  • Keep records of taxes paid in different countries

3.3 Currency Considerations

  • Income may be in different currencies
  • Exchange rates may affect your tax calculations
  • Keep records of exchange rates used
  • Consider currency conversion for tax purposes

4. Specific Tax Scenarios

4.1 Content Creators

If you earn money through content creation:

  • Income may be subject to self-employment tax
  • You may need to register as a business
  • Business expenses may be deductible
  • Quarterly tax payments may be required

4.2 Service Providers

If you provide services through our platform:

  • Income may be subject to income tax
  • You may need to register for VAT/GST
  • Professional services may have specific tax rules
  • Consider your business structure

4.3 Subscription Revenue

If you earn from subscriptions:

  • Regular income may require regular tax payments
  • Consider estimated tax payments
  • Business expenses may be deductible
  • Keep detailed records of all transactions

5. Tax Authority Requirements

5.1 Reporting Obligations

You may be required to report:

  • All income earned through our platform
  • Business activities and expenses
  • Foreign income (if applicable)
  • Any other relevant information

5.2 Documentation Requirements

Tax authorities may require:

  • Detailed transaction records
  • Proof of income and expenses
  • Business registration documents
  • Any other supporting documentation

5.3 Audit Considerations

  • Keep all records for the required period
  • Be prepared for potential audits
  • Maintain detailed documentation
  • Consider professional representation

6. Professional Advice

6.1 Seek Professional Help

We strongly recommend that you:

  • Consult a qualified tax professional
  • Get advice specific to your situation
  • Stay updated on tax law changes
  • Consider your business structure

6.2 Tax Professional Selection

When choosing a tax professional:

  • Verify their qualifications
  • Check their experience with your type of income
  • Ensure they understand your jurisdiction's laws
  • Get references and reviews

6.3 Regular Reviews

  • Review your tax situation regularly
  • Update your tax strategy as needed
  • Stay informed about law changes
  • Adjust your record-keeping as necessary

7. Common Tax Mistakes to Avoid

7.1 Underreporting Income

  • Report all income, even small amounts
  • Include all forms of compensation
  • Don't assume small amounts are exempt
  • Keep detailed records

7.2 Poor Record Keeping

  • Maintain organized records
  • Keep receipts and documentation
  • Use accounting software if helpful
  • Back up your records

7.3 Missing Deadlines

  • Know your filing deadlines
  • Set up reminders
  • Consider estimated payments
  • Don't wait until the last minute

8. Platform Limitations

8.1 No Tax Calculations

  • We don't calculate your taxes
  • We don't provide tax estimates
  • We don't guarantee tax compliance
  • We don't provide tax planning advice

8.2 No Legal Advice

  • We don't provide legal advice
  • We don't interpret tax laws
  • We don't represent you before tax authorities
  • We don't guarantee tax outcomes

8.3 User Responsibility

  • You are solely responsible for tax compliance
  • You must seek professional advice
  • You must understand your obligations
  • You must comply with all applicable laws

9. Changes to Tax Laws

9.1 Law Changes

Tax laws change frequently:

  • Stay informed about changes
  • Update your tax strategy
  • Consult professionals regularly
  • Adjust your practices as needed

9.2 Platform Updates

We may update our platform:

  • Changes don't affect your tax obligations
  • You remain responsible for compliance
  • Seek professional advice about changes
  • Update your records as needed

10. Contact Information

For questions about this tax disclaimer:

  • General Questions: legal@finveri.com
  • Account Issues: support@finveri.com
  • Address: [Company Address]
  • Phone: [Contact Number]

Note: We cannot provide tax advice. Please consult a qualified tax professional for specific guidance.

11. Disclaimer of Liability

To the maximum extent permitted by law:

  • We are not responsible for your tax compliance
  • We are not liable for tax penalties or interest
  • We are not responsible for tax advice or calculations
  • We are not liable for any tax-related consequences

12. Acknowledgment

By using our platform, you acknowledge that:

  • You have read and understood this tax disclaimer
  • You are solely responsible for your tax obligations
  • You will seek professional tax advice as needed
  • You will comply with all applicable tax laws

This Tax Disclaimer is effective as of the last updated date and supersedes all previous versions.

Remember: This is not tax advice. Consult a qualified tax professional for guidance specific to your situation.