As a regulated financial institution in the U.S., Folionet complies with IRS (Internal Revenue Service) tax regulations.
- Obligations: Depending on your account type and country of residence, certain tax obligations may apply.
- Support: While Folionet does not provide tax advice, we provide access to necessary tax documentation. For general questions, contact support@folionet.com.
Tax Declaration
Depending on your country of residence, you may be required to declare your Folionet investment account as part of your annual tax obligations.
- Advice: We recommend consulting with a tax professional in your jurisdiction to ensure you comply with local legal requirements.
Tax Documents
Folionet provides an annual tax document with the information needed for your tax filing.
- Availability: Documents are generated during the first quarter of each year. You will receive a notification when they are ready in the "Documents" section.
- Forms: Foreign accounts receive Form 1042-S, while domestic accounts receive Form 1099.