Tax Example: Rent

July 09, 2018

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 14% 2,520 10,080 20,160
Annual Income Tax Due €2,520 €10,080 €20,160
Tax Due as % of Gross Income 14.00% 14.00% 14.00%
Source:
Global Property Guide research

Notes


1 The property is jointly owned by husband and wife.

2 Exchange rate used: 1.00 US$ = 4,015 KHR

3 Rental income earned by nonresident individuals is subject to withholding tax at a flat rate of 14%.

 

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