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Tax Pages
 
Nov 20, 2007

Tax Example: Rent

Non-resident couple's joint monthly rental income1 US$1,500 US$6,000 US$12,000
Annual Rental Income 18,000 72,000 144,000
= Taxable Income - - -
Income Tax Rates2
No income tax on rental income   - - -
Annual Income Tax Due nil nil nil
Tax Due as % of Gross Income nil nil nil
Thanks to:
Alex Richardson & Associates

DISCLAIMER: The information contained above is marketing material only and is not written tax advice directed at the particular facts and circumstances of any person and should not be relied upon. We encourage you to discuss your particular situation with us or an independent tax advisor. This information was last updated on November 20, 2007.

Notes

1 The property is jointly owned by husband and wife.

2 No tax is imposed on rental income.




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