Your responsibility
You are responsible for determining, collecting, reporting, filing, and paying taxes, duties, levies, and governmental charges that apply to your income, sales, purchases, services, digital goods, subscriptions, marketplace transactions, sponsorships, fundraising, affiliate commissions, wallet activity, and payouts. FocalShift does not provide tax, legal, accounting, or financial advice.
Information we may collect
Before enabling commerce, payouts, wallet features, affiliate commissions, or seller activity, FocalShift or a payment provider may request tax forms, taxpayer-identification information, legal name, address, business information, certifications, and withholding information.
Reporting and tax forms
FocalShift or a payment provider may report payments to tax authorities and issue Form 1099-K, Form 1099-NEC, Form 1099-MISC, or another applicable form when required or permitted by law. The party responsible for filing can depend on the transaction and payment configuration. A form may be issued even below a generally applicable reporting threshold.
Gross and net amounts
Tax forms can report gross payments without subtracting fees, refunds, credits, shipping, chargebacks, commissions, or reserves. Gross reported amounts may therefore differ from net deposits or wallet activity. Keep independent records of income, expenses, refunds, and transaction documents.
Withholding and missing information
We may withhold amounts or restrict payouts when required by law, when tax information is missing or invalid, when backup withholding applies, or when a taxing authority directs it. Failure to provide requested information may suspend payouts, selling, or affiliate privileges.
Sales tax, VAT, GST, and international obligations
Depending on the transaction and location, FocalShift, a payment provider, or a Seller may calculate, collect, facilitate, or remit sales tax, VAT, GST, or similar charges. Checkout and transaction records indicate how a charge is handled. Non-U.S. members remain responsible for local registration, reporting, invoicing, withholding, customs, and tax obligations that apply to them.
Kontakt
Tax-form and transaction-record questions may be submitted through FocalShift Contact. Consult your own tax professional for advice.