Tax Declaration
Tax Declaration. Our mission is to deliver secure services and devices that enable individuals to thrive in the fast-paced FinTech industry.
Last Updated: December 2025
Acknowledgment of Tax Obligations
This Tax Declaration ("Declaration") applies to all users of the LayerK Platform ("Platform"). By accessing or using the Platform and its services, you acknowledge and accept full responsibility for your tax obligations arising from such use.
Taxable Activities
You acknowledge that the following activities on the Platform may give rise to taxable events in your jurisdiction:
Receipt of rewards, benefits, commissions, or other compensation;
Participation in staking, yield generation, or liquidity provision programs;
Trading, exchanging, or disposing of digital assets Referral bonuses and promotional incentives;
Any other services, transactions, or benefits obtained through the Platform.
The tax treatment of these activities varies significantly across jurisdictions and may change over time. You are solely responsible for determining which activities constitute taxable events under the laws applicable to you.
Your Responsibilities
You are solely responsible for:
Understanding and complying with all tax laws and regulations in your jurisdiction(s) of residence, citizenship, and tax liability
Accurately calculating your tax obligations arising from Platform activities
Filing all required tax returns and declarations in a timely manner Maintaining adequate records of all transactions and activities on the Platform
Paying all applicable taxes, including income tax, capital gains tax, value-added tax, or any other levies
Engaging qualified tax professionals or financial advisors to assess your specific tax position
Record-Keeping
You should maintain comprehensive records of all Platform transactions, including dates, amounts, fair market values at the time of transactions, and the nature of each activity. These records may be necessary to substantiate your tax positions and comply with reporting requirements in your jurisdiction.
Platform's Role and Limitations
LayerK does not:
Provide tax, legal, or financial advice
Assume any liability or responsibility for your tax obligations or failures to comply with tax laws
Monitor, calculate, withhold, or remit taxes on your behalf (except where expressly required by law)
Notify you of changes to tax laws or regulations that may affect your obligations
Guarantee the tax treatment of any transaction or activity on the Platform LayerK may provide transaction history or data export features for your convenience, but the accuracy and completeness of such information for tax purposes remains your responsibility to verify.
Professional Advice Required
Tax laws governing digital assets are complex, evolving, and jurisdiction-specific. You are strongly advised to consult with qualified tax professionals, accountants, or financial advisors in your jurisdiction.
Changes in Tax Laws
Tax regulations applicable to digital assets, blockchain platforms, and cryptocurrency transactions are subject to frequent changes and reinterpretation by tax authorities. You are responsible for staying informed about developments in tax law that may affect your obligations. LayerK has no obligation to monitor or inform you of such changes.
Consent and Agreement
By using the Platform, you acknowledge, agree, and confirm that:
You have read and understood this Tax Declaration
You accept full responsibility for all tax obligations arising from your use of the Platform
You will not hold LayerK, its affiliates, developers, or service providers liable for any tax-related consequences of your activities
You understand that failure to comply with applicable tax laws may result in penalties, interest, or legal action by tax authorities
Disclaimer
This Tax Declaration is provided for informational purposes only and does not constitute tax, legal, or financial advice. The information contained herein is general in nature and may not apply to your specific circumstances. LayerK makes no representations or warranties regarding the tax treatment of any transaction or activity on the Platform.
You acknowledge that any decisions you make regarding tax matters based on this Declaration or your use of the Platform are made entirely at your own risk. LayerK expressly disclaims all liability for any tax consequences, penalties, or losses arising from your use of the Platform or reliance on this Declaration.
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