Income tax on rent, worked example, in Senegal
December 14, 2017
1 The property is jointly owned by husband and wife.
2 Exchange rate used: 1.00 US$ = 655.96 CFA
3 Estimated values. Income-generating expenses are deductible when calculating taxable income.
4 Rental income earned by nonresident individuals is taxed at a flat rate of 20%.