This means:
Finotive does not deduct taxes from your payout.
You are personally responsible for declaring and paying any taxes owed in your country of residence.
Payouts are documented and processed through Finotive Pay, which provides transaction records you can use for your own tax reporting.
Why this matters for traders:
Full control – you decide how to manage your tax obligations locally.
Flexibility – suitable for traders in different countries with different tax laws.
Transparency – clear payout records are available in your Dashboard and Finotive Pay.
Important note:
Finotive cannot provide tax advice. If you’re unsure about how payouts are treated in your jurisdiction, we recommend consulting a qualified accountant or tax adviser.
In short: payouts are made gross of tax, and it is each trader’s responsibility to handle local tax reporting.