Does Payoneer report the earnings of its clients?

millyca
millyca Confirm Email, Member Posts: 4 ✭
edited November 2022 in Ask The Community
Hi, does Payoneer report the earnings of its clients to Tax authorities if any of the countries require it? My country is changing the law for freelancers so I want to know if Payoneer shares the data, balances, and earnings of its users.

Comments

  • Kiara_Payoneer
    Kiara_Payoneer Administrator, Moderator, VIP Member Posts: 454 ✭✭✭✭✭✭

    Hi @millyca ,

    Thanks for the good questions.

    The best document to refer to about this matter is our privacy policy. There are some scenarios that are outlined in a table so that it is easy to read.

    But to answer the original question, we do not actively provide information to a government agency unless we are complying with a law, litigation. or other extraordinary situations or legal processes. We do not provide information to 'tax authorities' unless we are obligated.

    Thank you!

  • millyca
    millyca Confirm Email, Member Posts: 4 ✭
    > @Kiara_Payoneer said:
    > Hi @millyca ,
    >
    > Thanks for the good questions.
    >
    > The best document to refer to about this matter is our privacy policy. There are some scenarios that are outlined in a table so that it is easy to read.
    >
    > But to answer the original question, we do not actively provide information to a government agency unless we are complying with a law, litigation. or other extraordinary situations or legal processes. We do not provide information to 'tax authorities' unless we are obligated.
    >
    > Thank you!

    Thank you for your answer. May you explain what "unless we are obligated" mean? Can you give us some information about your obligation to share your users' info?
  • Kiara_Payoneer
    Kiara_Payoneer Administrator, Moderator, VIP Member Posts: 454 ✭✭✭✭✭✭

    @millyca, I cannot give you specific scenarios, but you are more than welcome to read our terms and conditions.

  • satc
    satc Member Posts: 2 ✭
    @Kiara_Payoneer I read in telegram groups that the Turkish state requests account movements of all Turkish customers and payoneer sends this information to the Turkish state. Can you give information about this subject?
  • Kiara_Payoneer
    Kiara_Payoneer Administrator, Moderator, VIP Member Posts: 454 ✭✭✭✭✭✭

    Hi @satc ,

    I understand you would like to know whether Payoneer reports to the Turkish state or not.

    We do not actively provide information to a government agency unless we are complying with a law, litigation or other extraordinary situations or legal processes. We do not provide information to 'tax authorities' unless we are obligated.

    Please check our privacy policy for more information and it's recommended to also consult with your accountant.

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