Tax Disclaimer Page
We Don’t Do Your Taxes. You’re the Grown-Up Here.
CryptoGoatz.com is a platform for learning, building, and growing your skills—not dodging taxes. While we offer tools, tokens, and rewards, we do not provide tax advice, services, or guidance.
This page explains your responsibilities as a user and what we’re legally required (and not required) to do.
⚠️ User Responsibility
By using this site, participating in reward programs, or interacting with any token-based features (such as JaxCoin), you understand that:
- You are fully responsible for reporting any income, capital gains, or losses related to your use of this platform.
- You must comply with the tax laws of your own jurisdiction, including filing obligations for crypto transactions, airdrops, staking rewards, NFTs, or anything else with potential financial impact.
- Crypto transactions may be taxable events—even if you didn’t cash out to fiat.
Example: If you earn JaxCoin for activity on the platform, it may be considered ordinary income at the time of receipt. If you later sell it, you may trigger a capital gain or loss.
📜 We Do Not:
- Offer tax advice or calculate your liabilities
- File any tax documents on your behalf (e.g., 1099s or T5s)
- Track off-platform transactions or portfolio performance
- Tell you what’s deductible or how to report income
📋 What We May Do (When Required):
- Record your earnings on the platform (e.g., token rewards, commissions)
- Request tax forms like W-9, W-8BEN, or similar for U.S. tax compliance
- Report user-level income data to tax authorities if legally obligated
- Require KYC before releasing crypto rewards (to ensure lawful distribution)
🌍 Global Tax Note
Crypto taxation varies by country. Some examples:
- United States: Crypto is taxed as property. You must report gains/losses and earned income (IRS Notice 2014-21).
- United Kingdom: HMRC treats crypto gains under Capital Gains Tax. Airdrops/staking may be income.
- Canada: CRA taxes crypto income as business or capital gains depending on activity.
You are responsible for knowing and complying with the laws where you live.
✅ Summary
Topic | CryptoGoatz Responsibility | Your Responsibility |
---|---|---|
Track income from rewards | ✅ (on-platform only) | ✅ |
Issue tax forms | ✅ (when legally required) | ✅ |
Provide tax filing advice | ❌ | ✅ |
Report to tax authorities | ✅ (if obligated) | ✅ |
Stay compliant with your country | ❌ | ✅ |
💡 Final Word
If you’re unsure about how your crypto activity affects your taxes, get professional help. Hire an accountant. Use a crypto tax calculator. Be proactive. If you have questions, need a reference or just pointed in the right direction… we’re always here to help.
CryptoGoatz.com is here to help you grow—not get wrecked by the IRS, HMRC, or CRA.