Understanding Your Indemo Tax Report

As an investor on Indemo, you have access to an annual tax report summarizing your earnings for the year. This document is essential for tracking your investment income and fulfilling your tax obligations. Below, we’ll walk you through how to find your tax report and understand its contents.

Where to Find Your Tax Report

Your Indemo tax report is available for download in your profile. Here’s how to access it:

1. Log in to your Indemo account.
2. Navigate to Periodic Reports: Go to your profile’s reports section.
3. Scroll down to find the Tax Report section.
4. Download the report by clicking on the available link.

What’s Inside the Tax Report?

Your tax report contains key financial information related to your investments on the Indemo platform. Below are the main components:

1. General Information

• Report Period: The tax year for which the report applies (e.g., 01/01/2024 - 31/12/2024).
• Report Generation Date: When the report was created.
• Client Information: Your name, investor ID, and account numbers.

2. Income Summary

The report details the different types of income earned through Indemo, including:

• Interest: Earnings from investments.
• Cashback: Any cashback rewards received.
• Referral Cashback & Bonus: Rewards from referring new users.
• Other Bonuses: Any additional bonuses.

For each income type, you’ll see:

• Currency (typically EUR)
• Gross Amount (total earnings before tax)
• Withholding Tax Amount (if applicable)
• Withholding Tax Rate (percentage deducted at the source)

3. Important Notes

• The report is informational only and does not serve as an official tax declaration.
• Some income, like earnings from Notes, is reported to the Latvian State Revenue Service and taxed at the source.
• Investors are responsible for declaring and paying applicable taxes in their respective countries.

What Should You Do with This Report?

• Verify your earnings: Ensure all figures match your investment records.
• Use it for tax filing: Provide the information to your tax advisor or include it in your tax return.
• Consult a tax professional: If you’re unsure about your tax obligations, seek professional advice.

Final Thoughts

Your Indemo tax report is a helpful summary of your investment income. While it provides valuable insights, it is your responsibility to report your income correctly. If you have questions, consider consulting a tax expert to ensure compliance with local tax laws.

For further assistance, contact Indemo Support: [email protected]