Hi komodo Team and JL777: is it correct that we get the interest every hour without doing anything? I thought we have first transfer the kmd to another address to get the interest? It would Be Not good when we get interest without doing anything because than i have to pay 40% taxes to my Profit :-(
The interest is accrued every minute (starting after an hour for any utxo > 10 KMD with locktime set)
however, it can be argued that it is not there yet as the coins are only created when you spend that utxo.
So you are accruing the interest, but I am pretty sure that until you collect it, it didnt exist. I know govts like to tax everything, but I think it would be hard for them to argue that they can tax unclaimed interest. the reason is that maybe you decide you wont ever claim it (this is possible) and the max coins cap is reached and so you would never be able to.
Due to this, you should be safe from being taxed on the accrued, but not in existence interest