ProMeet is a freedom-based platform that operates transactions in a Web3 Crypto layer, meaning all the transactions within ProMeet are exempt from any taxes or fees - what a dream!
When withdrawing funds and "transforming" crypto (USDC) earned on ProMeet into your country's currency, the taxes to be paid depend on your government's regulations.
As an example, for USA citizens:
Crypto is treated as property, subject to capital gains and income tax. Short-term gains (held <1 year) are taxed at 10%-37%; long-term gains (held >1 year) at 0%, 15%, or 20% (6 March 2025).
Another example, for Italian citizens (Europe):
Capital gains from cryptocurrencies are taxed at a rate of 26% if the capital gains are equal to or exceed €2,000. These gains are considered "miscellaneous income" for tax purposes. From January 2026, this tax rate increases to 33% (16 February 2025).
You always withdraw your funds to another crypto wallet to not to pay any taxes or fees.
If available in your country, you can also withdraw your funds to PayPal, as being between a bank and an online service, may offer higher hold limits before you need to declare your earnings and so, pay taxes (22 May 2025).