This summary outlines the key tax considerations and reporting requirements for Dutch tax residents investing in Mintos assets. It focuses exclusively on Mintos offerings and excludes general investment taxation guidance.
📌 General Principles
- Tax Type: Investment income from Mintos is taxed under Box 3 (savings and investments) using a notional return system. From 2024 flat tax rate is 36%.
- There might be a tax-free allowance; please check with your local tax authority.
- Withholding Tax (WHT): Mintos deducts up to 25.5% WHT on interest unless you confirm your EU/EEA residency, then a reduced 5% rate applies.
- Dutch Reporting: Declare Mintos holdings under Box 3 using the online Mijn Belastingdienst platform. Use the "Other Receivables (Overige Vorderingen)" category for claims and investments.
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Declaration Deadline:
- May 1 (default online filing deadline)
- April 1 (to guarantee the July assessment)
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Extension possible: Request by May 1 to file by September 1
📦 Mintos Asset-Specific Tax Overview
| Asset Type | Income Type | Withholding Tax | Dutch Tax Form / Section | Subject to declare |
| Loans (claims) | Interest | ❌ No | Box 3 – Other Receivables | Declare full asset value (not income); interest not taxed separately |
| Loans (Notes backed by loans) | Interest | ✅ Yes | Box 3 – Investment Assets | Declare value on Jan 1; WHT creditable |
| Bonds (Notes backed by bonds) | Interests | ✅ Yes | Box 3 – Investment Assets | As above, value-based taxation |
| Real estate (Notes backed by real estate) | Interest | ✅ Yes | Box 3 – Investment Assets | Value taxed; reduce if defaults |
| Bonds (Direct bonds) | Interest | ❌ No | Box 3 – Investment Assets | Depends on country; credit WHT if applicable |
| ETFs | Interest | ❌ No | Box 3 – Investment Assets | Declare ETF value; WHT may be creditable |
| Smart Cash | Interest | ❌ No | Box 3 – Investment Assets | Taxed at investment rate (6.04%) |
💼 Tax Filing Notes
- Form: File online via Mijn Belastingdienst under Box 3 – Savings and Investments.
- Valuation: Report the total value of each Mintos asset as of 1 January of the tax year.
- Foreign Tax Credit: You can claim credit for Latvian WHT on interest using Mintos-issued tax reports.
- Losses: Not directly deductible. If an asset becomes worthless, exclude it from Box 3 – this reduces taxable wealth.
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Foreign Asset Declaration:
- Declare your Mintos account as a foreign asset.
- No separate form – part of the standard income tax return.
- Report if total foreign wealth exceeds €50,000 (€100,000 for couples).
✅ Tips for Investors
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Download Mintos Tax Reports:
- Go to your Mintos account → Profile icon → Reports section.
- Use this report to track withheld tax and account values.
- Claim Foreign Tax Credit: Ensure you include the tax amount paid in Latvia in your return for credit eligibility.
- Watch for Defaults: If a Note/loan becomes worthless, reduce its value in your return—this automatically lowers your Box 3 base.
📚 Resources
- Belastingdienst – Box 3 guidance
- Foreign assets and investments
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Mintos Help Center – Withholding Tax
Disclaimer: This guide is for general informational purposes and does not constitute tax advice. For personalized assistance, consult the