# Do I Need to Pay Taxes on Earnings?

Managers and players on Peaxel are responsible for **complying with their local tax regulations**. Earnings from the platform—including **gameweek rewards, trading profits, or other payouts**—may be subject to taxes depending on your country of residence.

**Key Points:**

* Peaxel **does not automatically withhold taxes**.
* Keep records of all rewards, sales, and withdrawals for reporting purposes.
* Consult a **tax professional or local authorities** to ensure correct declaration.

**Summary:**\
Earnings from Peaxel are real-world income. Always declare your rewards and trading profits according to your country’s laws.


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.peaxel.me/guide/faqs/rewards-and-wallet/do-i-need-to-pay-taxes-on-earnings.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.