A tax exemption order (Freistellungsauftrag) allows German tax residents to apply their tax-free allowance on their capital gains earned with an institution (such as a bank or an investment platform) that submits withholding taxes to the German tax authorities. Since Mintos submits withholding taxes to Latvian tax authorities, German investors cannot use tax exemption orders to offset their tax bill. Income from Mintos should be declared in the “Anlage KAP-INV” section of the income tax declaration.