For the year 2023, the tax report will be available by the end of February.
In January 2023, Mintos introduced a new tax report for the year 2022. The current format takes into account investors’ feedback as well as requirements related to the setup of investments in regulated financial instruments, introduced in May 2022. Since the same tax report is available to all investors regardless of their tax residence, some sections may not be relevant to your situation. Consult your local tax office or tax advisor to learn more about declaring your income from investments on Mintos in your country of tax residence. You can find your 2022 tax report as a PDF file on the Tax details page of your account settings. While we are working on translations, the report is only available in English for the time being.
Your tax report consists of the following sections:
- Investor account statement
This section shows your account balance at the end of the first and last day of the calendar year divided into available funds, invested funds, pending payments (principal and interest), and funds in recovery (principal and interest), split by currency and type of investment (claims and Notes). A more detailed breakdown is available in Annex No. 1.
This section shows an overview of your total interest received from investments in loans, split by type of investment and withholding tax rate. A more detailed breakdown is available in Annex No. 2 and Annex No. 3.
This section shows your total income from capital gains, which includes gains and losses made by trading investments on the Secondary Market, and your total other income, which includes income from campaign bonuses and interest from overdue payments, both split by currency. A more detailed breakdown of income from capital gains is available in Annex No. 4.
This section shows your total expenses, which include any fees charged to your account, split by currency.
This section shows the total amount of investments that were classified as bad debt and can be written off. Investors are responsible for determining the tax deductibility of such losses based on local tax laws. A more detailed breakdown is available in Annex No. 5.
- Deposits & Withdrawals
This section shows the total amount of deposited and withdrawn funds, split by currency. A more detailed breakdown is available in Annex No. 6.
- Annex No. 1
In this section, your account balance is split further by the legal entity with which you had investments.
- Annex No. 2
This section provides a detailed breakdown of interest received from investments in claims by legal entities.
- Annex No. 3
This section provides a detailed breakdown of interest received from investments in Notes by issuer / legal entity.
- Annex No. 4
This section provides a detailed breakdown of income from capital gains by legal entity.
- Annex No. 5
This section provides a detailed breakdown of investments classified as bad debt by legal entity.
- Annex No. 6
This section shows a detailed list of all deposits and withdrawals, including the date and the corresponding bank account of each transaction.
While we tried to include as much information related to your taxable income as possible, we would be happy to assist you in case your tax office requires additional information. Please contact our support team.
2021 and older
For years 2021 and older, we offer tax reports for individuals who are tax residents of Estonia, Germany, and Latvia. For individuals who are tax residents of a different country, a general tax report template is available. Due to various accounting standards applied by legal entities, we do not provide a specific report for them. You can request the tax report for any period from your date of registration until 31 December 2021 to be sent to your email address in the form of an email with the subject of “Your income statement from Mintos” on the Tax details page of your account settings after clicking on Get older reports.
Your tax report for years 2021 and older consists of the following types of income and losses:
- Interest income
- Capital gain
- Campaign bonuses and rewards
- Bad debt – principal
- Bad debt – interest
Below, you can find more information about tax implications for investments by means of assignment agreements for tax residents of selected countries in the local language. The information provided does not constitute tax, legal, or other advice or consultation and is provided for information purposes only. All investors should seek independent tax advice.