Post by nesako on Dec 21, 2017 9:17:56 GMT
Hey,
Mintos platform (I am sure there are more platforms doing the same) will pay out Interest and if the borrower is late with the payment, a separate "late payment fee" charged to the borrower. All received late payment fees are shown separate from received Interest. How will I have to declare it at the end of the year? As interest or "other" income?
Mintos platform (I am sure there are more platforms doing the same) will pay out Interest and if the borrower is late with the payment, a separate "late payment fee" charged to the borrower. All received late payment fees are shown separate from received Interest. How will I have to declare it at the end of the year? As interest or "other" income?
