Middle-East: Rental income taxes (%).
The tax levied on the average annual income on a rental apartment/property in the country.
In arriving at the pre-tax profit figure, we calculate, and deduct:
We deduct any other costs which a landlord normally pays - management charges, buildings insurance, realtor agency fees, etc. We either choose a standard percentage deduction (if available) or typical actually incurred costs. If real estate tax is normally payable by the landlord, we deduct that.
Our rental income tax figures are provided by accountants (see list of contributors). For more details see the Data FAQ.
Source: Global Property Guide Research, Contributing Accounting Firms
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