| 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 |
|
|
|
| Tax Rate |
7.52% |
1,354 |
5,414 |
10,829 |
| Annual Income Tax Due |
€1,354 |
€5,414 |
€10,829 |
| Tax Due as % of Gross Income |
7.52% |
7.52% |
7.52% |
Thanks to:
 |
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 August 2, 2008.
Notes
1 The property is jointly owned by husband and wife.
2 Tax rates levied on rental income as follows:
| |
TAX RATES |
| CATEGORY |
Until 31
December 2007
|
As of 01
January 2008
|
| Unstudied business space |
9.89%
|
8.11%
|
| Accommodated business space |
9.17%
|
7.52%
|
Add your comment