Quote:
Originally Posted by CrazyMartin
Its not over. This is still good sollution for small sponsors, small payments. In modern world every account will be reported to your tax office! In Canada where paxum is registered. Every old card account with payments over 1200 per month is reported to owner country. Thats why they collect your bills to determine tax residency. So no mater card or wire. You will be reported. Dont use their cc to awoid taxes. Now this wont work! Send money to own account by wire etf and use your own card! And pay taxes.. cards are reported as well since 2018 in Canada.
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Who reports what exactly?
When reporting my income, I add up my check stubs and print out invoices that sponsors send me when they pay by Paxum.
Are you saying sponsors report their Paxum payment to affiliates to the gov?
Or does Paxum report payments to the government? If so, how do they know what a payment is and what isn't (ex: PP to paxum transfer etc.).
I don't want my gov to think I am getting more payments than I really am?