Income generated from Smart Cash is generally taxed as ordinary interest income. This means that any distributions you receive from Smart Cash investments will be taxed at the same ordinary income tax rates as the interest earned from investments in claims.
Note: This information is intended for general guidance only and should not be considered tax advice. For specific advice, please consult your local tax authority or a qualified tax professional.
What will happen with my investments in Smart Cash if I change my country of tax residence?
If you’re using Mintos Smart Cash and your tax residence changes to a country where Mintos provides investment services, but Smart Cash is not currently offered to new clients, you can continue to use Smart Cash without restrictions.