Estonia: Worked Example of Tax on Rent
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Last Updated: Oct 28, 2008
Tax Example: Rent
| Non-resident couple's joint monthly rental income1 | €1,500 | €6,000 | €12,000 | |
| Annual Rental Income | 18,000 | 72,000 | 144,000 | |
| = Taxable Income | €18,000 | €72,000 | €144,000 | |
| Income Tax Rates2 | ||||
| Flat rate | 21% | 3,780 | 15,120 | 30,240 |
| Annual Income Tax Due | €3,780 | €15,120 | €30,240 | |
| Tax Due as % of Gross Income | 21% | 21% | 21% | |
Thanks to: |
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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 October 08, 2008.
1 The property is jointly owned by husband and wife.
2 The tax rate for 2008 is 21%. Tax rules are likely to be changed in 2009.
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