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Do I need to pay taxes on the balance cashback?
Do I need to pay taxes on the balance cashback?

Understand how and whether Balance Cashback on your accounts are subject to withholding tax.

Nina Wyler avatar
Written by Nina Wyler
Updated over 10 months ago

AMNIS Europe AG operates within the tax jurisdiction of Liechtenstein, where cashback is not subject to withholding tax.

However, while this cashback is not subject to withholding tax in Liechtenstein, it is advisable to seek independent advice or consult with the tax authority of your own country of residence regarding your tax status. Additionally, we are working on creating a tax statement to assist with your tax reporting, if applicable.

Click here for the current cashback rates.


amnis enables companies to generate interest income from various currencies. As a regulated payment institution, we safeguard customer funds at all times in segregated bankruptcy-protected fiduciary accounts at trusted institutions with high credit ratings.

As interest rates rise, amnis is generating income from the money you entrust to us. We believe it’s only fair to forward this interest on your business’ funds directly to you as our valued customer and partner. It is therefore a balance cashback benefit.

Balance cashback means that anyone who has an amnis account, has not opted out of the program, has not breached the customer agreement contract, and who has a positive balance, receives interest on their EUR, USD, GBP and CZK account balance.

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