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 tax on rental income		–	–	–
Annual Income Tax Due		US$0	US$0	US$0
Tax Due as % of Gross Income		nil	nil	nil
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 July 5, 2007.

Notes

Grant Thornton UAE is a member firm of Grant Thornton International. Grant Thornton International is not a worldwide partnership. Member firms of the international organization are independently owned and operated.

¹ The property is jointly owned by husband and wife.

² No tax is imposed on rental income.

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 tax on rental income		–	–	–
Annual Income Tax Due		US$0	US$0	US$0
Tax Due as % of Gross Income		nil	nil	nil
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 July 5, 2007.

Notes

Grant Thornton UAE is a member firm of Grant Thornton International. Grant Thornton International is not a worldwide partnership. Member firms of the international organization are independently owned and operated.

¹ The property is jointly owned by husband and wife.

² No tax is imposed on rental income.