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  3. What tax and compliance requirements apply to mentors?

Legal and Tax Reporting (1)

  • What tax and compliance requirements apply to mentors?

What tax and compliance requirements apply to mentors?

  • iknowly partners with Stripe Express for all payouts, ensuring EU tax compliance and anti-fraud requirements.
  • Mentors must complete identity verification (KYC) and provide accurate tax information before payouts.

Under EU DAC7 Directive, iknowly reports mentor earnings to relevant tax authorities annually.
Mentors are responsible for declaring income according to local tax laws.
Stripe and iknowly provide detailed earnings summaries to assist.

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