When you invest in the Mintos bond as a private individual, we’re legally required to deduct withholding tax from your coupon payments. This tax is automatically applied when the payment is credited to your Mintos account.
When you declare your income in your country of tax residence, you can usually reduce the total tax payable by the withheld amount. There shouldn’t be a situation where you’re double-taxed.
The withholding tax rate depends on your country of tax residence. Mintos applies the rate based on the tax residency information provided in your profile. Make sure your tax details are up to date to ensure correct tax treatment.
Refer to section 14, Taxation in the base prospectus for more details.