DO MY EARNINGS IN FUTURENET HAVE TO BE *TAX-DECLARED?
It is difficult to determine the individual case of each user, it is worth mentioning here that the tax settlement obligation applies to every income.
Each country has a separate tax law and it is best to contact the relevant local tax office, for example in Poland, the amount to be paidout from FutureNet to any payment processor or bank account in case it exceeds the value of funds that we have invested on the platform is a subject for taxation.
*Tax declaration means a statement made to the tax authorities about the earnibg during a particular year. It is used to calculate how much tax an individual will have to pay in a particular year. Normally, criminal penalties are imposed for failure to file a local earned income tax declaration.