# 74: Token Compensation & Tax Compliance, with Dominika Stobiecka from Toku on
Manage episode 443645659 series 3394208
Many projects in web3 label themselves as payroll products when they’re payment products.
If you’re looking for a crypto payroll provider, an important prerequisite should be that they know how to handle the following;
- Calculate tax withholdings,
- Run social security deductions,
- File taxes for employees
Platforms like Deel, Oyster, or Remote.com allow you to have access to a global pool of talent. But, they were built for fiat, not crypto.
On Episode 74, Dominika Stobiecka, CEO and Co-Founder of Toku helps us to learn about token-based compensation and tax compliance.
Toku is an all-in-one crypto-native solution that helps you manage employment, stablecoins, native token payroll, and token grant administration for your international team in +100 countries.
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Topics Covered:
(0:00) Episode Intro
(2:24) Dominika’s background
(4:30) When should web3 projects have a token?
(7:30) Crypto compensation trends
(11:38) Setting up token compensation
(14:02) Choosing the right token compensation instruments - RTUs, RTAs
(17:00) Thanks to our sponsor Harris & Trotter
(19:04) Download the Token Compensation Primer
(19:37) Understanding EOR And PEO services
(23:02) Hiring an employee v/s a contractor
(25:27) EORs - why crypto expertise matters
(29:44) Thanks to our sponsor Web3 Finance Club
(31:27) Social security deductions
(33:41) Overview of Toku
(36:30) Monthly payroll process with Toku
(39:43) Toku’s marketing approach
(44:36) Developments for crypto adoption
(46:12) Closing thoughts
(47:22) Dominika's Amelia Earhart Maxim
(49:38) How to contact the Toku Team
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